PaymentsSourced
Case Study: Mollie increases onboarding conversion 10% with Plaid
Mollie Case StudySourced & dated by Case Study Desk
Key results
The challenge
Mollie, a European payments provider, needed a frictionless bank account verification method in merchant onboarding across its growth markets.
The solution
Mollie integrated Plaid's open banking solutions to verify bank accounts during onboarding.
“Integrating Plaid's open banking solutions has been a game-changer for us. Their technology has enabled our teams to implement an effortless verification method in the onboarding process, significantly enhancing the user experience for our merchants and driving higher conversion rates across our growth markets.”
MLMatthew LewisVP Operations, Mollie
The results, in context
Plaid's integration led to an increase in verified bank accounts and a 10% increase in customer conversion across the UK, Germany, and France.
Products used
Plaid Open BankingPlaid Auth