Ecommerce for digital products is competitive all year round. With new players constantly entering the field, it's imperative that you stay on top of your game. But with advances in technology and fast-paced product development, it can be difficult to keep up, soo a payment solution that is as tenacious to thrive as you are is essential.
Ecommerce stores that sell digital products generally fit into three categories:
- Online retailers of digital products such as e-books, software, and digital music files.
- Online marketplaces that facilitate the sale and purchase of digital products such as stock photos, vector images, and video clips.
- Online service providers that offer digital products such as online courses, webinars, and e-learning materials.
There are a few things that retailers of digital products should look for when choosing a payment gateway.
You’ll want a gateway that is:
- Has a good reputation
- Easy to use
At Mollie, we work to be a key partner in your business and growth. That starts with our payment services but flows into so much more. Our developers strive to provide the best integrations for your digital product ecommerce store so you can work with us no matter the platform you use.
Things to consider when choosing a payment gateway
If you're selling digital products online, there a few things you need to consider when choosing a payment gateway to ensure a smooth transaction process for your customers.
Handling digital product transactions
Some online payment gateways are designed solely for the sale of physical items, and so may not be able to process transactions involving digital products.
Make sure the solution you choose has this functionality built-in.
Security and protection
Not all payment gateways are made equal when it comes to security. We fully comply with the European Banking Authority’s Guidelines on the security of internet payments, and our exceptionally well-protected data centres provide a supremely secure environment for your customers’ information.
Contracts and transaction fees
Some payment gateways want to lock their customers in to long-term contracts with hefty exit fees. Mollie isn’t like that. Our payment solution has no minimum costs, no lock-in contracts and no hidden fees. You only pay for successful transactions, too.
If your chosen payment gateway is already directly compatible with your commerce platform, onboarding and integration will be a much easier process. Mollie integrates with all the major ecommerce platforms, as well as a bunch of other handy services.
As an online retailer, you know that customer service and support is just as important as the products you are selling. Ensuring that your chosen payment gateway provides the best possible customer support before, during and after your onboarding will be a major factor in the success of your partnership.
A payment solution to match your business needs
Mollie integrates seamlessley with a variety of ecommerce platforms,providing your online store with the ability to accept a wide range of payment methods. With payments taken care of, you can focus on providing the best customer service and building a base of loyal customers that become advocates for your brand..
What is a PSP for digital products ecommerce?
A payment service provider is a key component in the smooth operation of your digital product store. Transactions need to be processed online, and a payment service provider allows you to provide your customers with a range of ways to pay, such as Apple Pay and PayPal. With 47% of customers saying that it’s very important that online stores offer their favourite payment methods at checkout, this can help to maximise conversions..
Customers browsing for digital products are likely looking for an instantaneous solution, so so providing a smooth and secure customer experience and a range of ways to pay is paramount..
Mollie’s different approach
We understand that different regional markets have different preferences when it comes to payment methods. That's why we integrate with a wide range of payment options, so you can appeal to customers all over the world.
Choose the right payment options for your customer
We give you the ability to select bespoke payment options so you can provide your customers with the high quality payment experience they deserve.
Subscription plans often play an important role with the sale of digital products, and our recurring payment solution allows to to collect regular fixed payments with ease.
Our payment requests feature allows you to send payment links straight from your dashboard, enabling customers to pay anytime, anywhere.
Build your brand at every touchpoint
Building a brand requires consistency of messaging before, during and after the purchase process. With Mollie, your online checkout is fully tailored to your brand, ensuring that your customers feel safe and comfortable every step of the way.
Monitor payments in real time
Mollie’s comprehensive but easy-to-use dashboard gives you a complete overview of payments in real time, allowing you to create up-to-date reports from truly accurate data. Filter options enable you to find any payment with ease, reducing admin time so you can focus on running a successful business.
The payment solution trusted by thousands of digital products ecommerce stores
We work with ecommerce stores to help them grow, increase efficiency and provide a better online shopping experience for their customers..
Stress-free integration with all major CMS and ecommerce platforms
Mollie integrates seamlessly with popular ecommerce platforms including WooCommerce, Magento 2, Shopware, BigCommerce and many more. We offer a direct integration for each, making it incredibly easy to install and configure a flexible payment gateway for your online store. Within minutes, you’ll be able to give your customers access to their preferred payment method, from a list of 205+ that you control.
If you want to integrate with our systems from scratch, you can use the customisable Mollie API to communicate with ready-made Clients and get online payments on your app or webshop in no time. Encounter a hitch? We have reliable developer support to provide assistance whenever you need it.
Mollie does more so you can do less
At Mollie, our mission is to help you grow your business. Our frictionless setup process, honest pricing and localised payment methods are trusted by more than 130,000 businesses around the world. We strive to do and be more for you in your journey as a business with customer service that is second to none.
Local and global payment methods
Providing customers with a range of trusted payment methods is more important than ever in online shopping. Mollie allows you to toggle globally recognised and locally trusted payment methods on and off with ease. Offering convenience is essential, so payment methods like PayPal and Apple Pay allow customers to pay quickly and securely.
Pricing that’s simple and fair
With Mollie, you only pay for successful transactions,meaning you’ll only pay as you earn. One single contract for all payment methods keeps things simple, and there are no hidden fees or lock-in contracts.
Know when you’re getting paid
Keeping a regular stream of cash flow is vital, especially with a digital product ecommerce store. As standard we pay you on Tuesday and Friday, but you can adjust your payout frequency and schedule at no extra charge, depending on the payment methods you choose.
Stay in control with Mollie dashboard
Our intuitive dashboard gives you real-time data and insights into how your business is developing. You can find any payment regardless of date, time transaction status and the payment method that was used. Easily analyse everything to see the payment methods and products that are performing the best.
Mollie dashboard also works flawlessly on any device, so you can stay informed and manage your cash flow on the go.
Get started with Mollie
Our globally trusted payment services can help you save admin time, get a clear and measurable view of payments. All while helping you create a smooth and treasured customer experience with secure and trusted payments.
Start free today with our easy signup, with conversion optimisation and quality integrations. But if your business processes over £50,000 a month you can contact our sales team.