Magento: Stripe VS Mollie – Which Payment Gateway Wins?

Magento: Stripe VS Mollie – Which Payment Gateway Wins?

If you're running a Magento store, choosing the right payment gateway is crucial. Two popular options are Stripe and Mollie. Both have their strengths, but which one is best for your store? Let’s break it down in simple terms.

What Are Stripe and Mollie?

Stripe is a global payment processor known for its developer-friendly API and extensive features. It supports credit cards, digital wallets (Apple Pay, Google Pay), and even cryptocurrencies in some regions.

Mollie, on the other hand, is a European-focused payment service that emphasizes simplicity and local payment methods like iDEAL, Bancontact, and SEPA Direct Debit.

Key Differences at a Glance

Feature Stripe Mollie
Global Reach Worldwide Strong in Europe
Payment Methods Credit Cards, Digital Wallets, Local Options iDEAL, Bancontact, SEPA, Credit Cards
Pricing 1.4% + €0.25 (EU cards) Varies by method (iDEAL: €0.29 per transaction)
Pricing Developer-friendly, API-heavy Simple, plug-and-play
Recurring Payments Strong subscription support Limited but available
Setting Up Stripe in Magento 2 Stripe’s Magento 2 extension is straightforward to install. Here’s how: Install the Stripe Payment Module via Composer: 
composer require stripe/stripe-payments
Enable the module in Magento Admin: 
Stores > Configuration > Sales > Payment Methods > Stripe
Enter your API keys (found in your Stripe Dashboard). That’s it! Stripe should now appear as a payment option at checkout. Setting Up Mollie in Magento 2 Mollie’s setup is even simpler, especially if you're in Europe. Install the Mollie extension via Composer: 
composer require mollie/magento2
Enable the module in Magento Admin: 
Stores > Configuration > Sales > Payment Methods > Mollie
Enter your API key from your Mollie account. Mollie automatically detects available payment methods based on your customer’s location. Which One Should You Choose? Pick Stripe if: You need global payments, subscriptions, or advanced customization. Pick Mollie if: Your customers are mostly European and prefer local payment methods. Both integrate smoothly with Magento, so it really depends on your business needs. Final Thoughts Stripe and Mollie are both excellent, but they serve slightly different audiences. If you're still unsure, test both and see which one converts better for your store! Need help setting up payments on your Magento store? Check out our Magento extensions for seamless integrations.