1. Mollie Support
  2. Payouts and reports
  3. Account balance

How do I adopt a multi-balance setup for my Mollie account

In your Mollie account, you can create additional balances to manage your revenue streams more effectively. If you have multiple Mollie accounts or an account with multiple profiles, follow these steps to switch to a multi-balance setup to better manage your cash flow under one account.

 

You have >1 Mollie account

  1. Choose the Mollie account you consider your ‘main’ account and log in.
  2. Create a new balance to replace your additional account(s). You can find instructions on how to do this here.
  3. After successfully adding a new balance you will have access to a new API key. You can find this here. In the sales channel (until now) connected to a secondary account, replace the old key with this new one. Two examples:
    1. You have Mollie account A for www.yourwebshop.nl and Mollie account B for www.yourwebshop.be. You have just added a new balance for Belgium in account A. In www.yourwebshop.be, replace the old API key (of account B) with the new API key you have just received for account A.
    2. You have Mollie account A for your online webshop and Mollie account B for your payment terminal (POS). You have just added a new balance for POS in account A. In your POS terminal, replace the old API key (of account B) with the new API key you have just received for account A.
  1. Repeat steps 2-4 for each account you want to manage under one main account.

Note:  You could still receive refunds and/or chargebacks on your previous  account, you will need to manage these transactions on that account. 

 

You have >1 profile 

  1. Log into your Mollie account
  2. Create a new profile or select one of your existing profiles in order to create a new balance. You can find instructions on how to do this here. 
    • If you have created a new profile and new balance:
      You now have a new API key. You can find this here. In your sales channel (e.g. separate checkout or POS terminal), replace the old key for the new API key you have just created. An example:
      You have profile A for www.yourwebshop.nl and profile B for www.yourwebshop.be. You have just added a new balance for Belgium, connected to a newly created profile C. In www.yourwebshop.be, replace the old API key (of profile B) with the API key you have just received for profile C.
    • If you have selected an existing profile and created a new balance:
      You have just linked the profile to a new balance. The payments generated via the API key of this profile (e.g. your checkout or POS terminal) will now flow into your new balance. An example:
      You have profile A for www.yourwebshop.nl and profile B for www.yourwebshop.be. You have just added a new balance for Belgium, connected to profile B. Instead of both webshop’s revenue going to one balance, now you will receive NL and BE separately.
  1. Repeat step 2 for every profile you would like to change.