Mollie is a highly recommended payment provider for Tideforce users due to its ease of use and security features. However, it’s essential to understand the fees associated with the different payment methods offered by Mollie so you can manage costs effectively for your school.

Key Points:

• Transaction-Based Fees: Mollie charges per transaction, and the fees vary depending on the payment method used. For example, credit card payments tend to have higher fees than local bank transfers, while popular options like iDEAL in the Netherlands come with lower transaction costs.

• Supported Payment Methods: Mollie supports a wide range of payment options, including credit cards, bank transfers, PayPal, SEPA direct debit, and many others. Each payment method has a different fee structure, so it’s important to review which options are most cost-effective based on your customer base.

• No Monthly Fees: One of the advantages of Mollie is that there are no monthly subscription fees. You only pay for the transactions processed, making it an attractive choice for schools that want to keep upfront costs low.

• Discounted Rates for Higher Volumes:If your school processes a high volume of transactions, you may qualify for discounted rates on certain payment methods. It’s worth negotiating with Mollie if your business volume grows over time to reduce transaction fees.

Tip:

Regularly review the payment methods your customers prefer and optimize your offerings to balance customer convenience with transaction costs. For example, encouraging customers to use lower-fee options like direct bank transfers can help you save on fees.