Malum vs. Mollie

Mollie is loved across the EU for clean iDEAL, Bancontact and SEPA acceptance. Malum keeps every European payment method you actually need — and adds crypto payouts, global coverage and zero chargeback exposure.

In short

Mollie is a great fit for an EU-incorporated retail business with a Dutch / Benelux customer base. Malum gives you the same European payment methods, plus crypto payouts, plus global coverage — and treats chargebacks as Malum's problem, not yours.

Where Malum pulls ahead

Mollie's strength is regulated EU acquiring. That same strength becomes the limiting factor when your customers live outside the SEPA zone, or when you'd rather hold your treasury in crypto.

Truly global

Mollie's geographic strength is the EU/EEA. Malum accepts cards globally and ships settlement in crypto, so you can sell into Asia, LATAM, MENA and beyond without spinning up local entities.

Crypto settlement

Mollie settles to your EUR/GBP business bank. Malum settles directly into USDT, USDC, BTC, ETH and 30+ other tokens — within minutes, no SEPA cut-off, no banking holidays.

No chargeback exposure

Mollie's chargeback model is the same as any card acquirer — you pay if a dispute lands. Malum's card-to-crypto pipeline removes the chargeback liability from your books entirely.

Feature-by-feature comparison

FeatureMalumMollie
Payout currencyCrypto (USDT, USDC, BTC, ETH, LTC + 30 more)EUR / GBP / regional fiat to a registered business bank account
Payout speedMinutes, 24/7Daily SEPA payouts, weekdays only
Chargeback liabilityAbsorbed by Malum once crypto has settledMerchant pays disputed amount + fee
European payment methodsiDEAL, Bancontact, EPS, SEPA, Faster Payments, Giropay, SOFORT and moreiDEAL, Bancontact, EPS, SEPA, KBC, Belfius, Giropay, SOFORT
Geographic coverageGlobal card acceptanceStrongest in EU/UK; merchant must be EU-incorporated
OnboardingMinutesKYB review, EU company registration, bank verification
High-risk verticalsSupported (digital goods, gaming, software, content)Restricted
Merchant of RecordYes — MoR available for tax + complianceNo — Mollie is a PSP, not an MoR
Hosted storefrontBuilt-in store with products, reviews and custom domainMollie is a pure PSP; storefront is your responsibility
Plugin coverageShopify, WooCommerce, SellAuth, custom integrations, REST APIWooCommerce, Magento, PrestaShop, Shopify, Lightspeed
Crypto checkoutNative — BTC, ETH, USDT, USDC + 30 moreNo native crypto support
FeesFlat published merchant discount, all-inPer-method (iDEAL flat fee, cards %, Klarna %)

The detail behind the table

01 — Geography

Mollie is European-first. Malum is global by default.

Mollie's incorporation requirements typically restrict signup to EU/EEA registered businesses with an EU bank. That's a deal-breaker for most non-EU founders, and for EU founders who want to sell into markets where SEPA doesn't reach.

Malum does not require you to incorporate locally to start accepting payments — and because payouts settle in crypto, you don't need a fiat bank account in any particular jurisdiction either.

02 — Payment methods

You don't have to give up iDEAL to gain crypto

The European APMs Mollie is known for — iDEAL, Bancontact, EPS, Giropay, SEPA, SOFORT — are all supported on Malum too. You don't lose the buyer experience your Benelux customers expect; you gain crypto payout on top of it.

03 — Chargebacks

Card-acquirer model vs. settled-crypto model

Mollie operates the standard card-acquirer model: a successful dispute pulls funds plus a fee from your Mollie balance. Repeated disputes can put you on the Visa / Mastercard monitoring program.

Malum settles each transaction in crypto and ships it off-platform. There is no merchant balance for an issuing bank to reverse from after the fact.

04 — Merchant of Record

Tax and VAT, handled

Mollie is a payment service provider — meaning sales tax, VAT, OSS filings and country-by-country compliance remain your responsibility. For digital goods sold across the EU, this rapidly becomes a full-time job.

Malum can sit as the Merchant of Record on each sale, collecting and remitting the appropriate tax on your behalf and indemnifying you against the resulting compliance exposure.

Frequently asked questions

Do I need an EU company to use Malum?
No. Malum onboards merchants from most jurisdictions worldwide. You don't need an EU incorporation or an EU bank account.
Does Malum support iDEAL and Bancontact like Mollie?
Yes. Both iDEAL and Bancontact are first-class payment methods in the Malum checkout, alongside EPS, SEPA, Giropay, SOFORT and other European APMs.
Can I still receive EUR payouts on Malum?
Malum settles in crypto by default. You can convert to EUR via any major exchange — typically with lower friction than a SEPA settlement window.
How does Malum handle SCA / 3DS for European buyers?
Strong Customer Authentication is enforced on the card flow for European-issued cards, the same as any compliant PSP.

Keep iDEAL. Add crypto.

Spin up a Malum account and accept every payment method your European customers expect — and settle straight to your wallet.

Create a free account Read the API docs

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Comparisons are based on publicly available information from each provider's website and product documentation at the time of writing and are provided for informational purposes only. Trademarks and brand names are the property of their respective owners; their use here is purely descriptive and does not imply endorsement, affiliation, or partnership. Pricing, fees, payout times, supported regions and product features change frequently — always verify directly with each provider before making a decision.