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MONEI description
MONEI is a payment processing platform that helps businesses accept a variety of payment methods online and in person. It simplifies taking payments, allowing businesses to manage all transactions and data from a single dashboard. It integrates with popular e-commerce platforms such as Shopify and WooCommerce. MONEI offers flexible pricing that can potentially save businesses money on transaction fees.
Who is MONEI best for
MONEI is a payment platform simplifying online and in-person transactions. It integrates with platforms like Shopify, offering flexible pricing and various payment methods. Businesses appreciate its streamlined approach to managing payments from a single dashboard.
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Best for small to medium-sized businesses.
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Ideal for online businesses accepting payments.
MONEI features
| Supported MONEI supports credit card payments from major providers like Visa and Mastercard. |
| Supported MONEI integrates with e-commerce platforms like Shopify and WooCommerce. |
| Supported MONEI offers payment orchestration through its MONEI PLUS platform. |
| Supported MONEI automates recurring billing via its Recurring Payments and Subscriptions APIs. |
| Supported MONEI accepts payments via various local methods like Bizum, Multibanco, and iDEAL. |
MONEI pricing
The commentary is based on 3 reviews from MONEI G2 reviews.
MONEI's pricing is generally considered competitive, especially compared to Shopify Payments. Some users appreciate its cost-effectiveness and various payment integrations. However, others have noted higher rates in certain regions and dislike the per-transaction fee structure, preferring a percentage-based commission.
See the MONEI pricing page.
MONEI X
Dynamic pricing model with transaction fees starting at 0.15% + €0.24. Includes a daily fee of €0.10, a one-time alternative payment methods setup fee of €10, and a €17.00 chargeback fee. Offers various features such as 3D Secure, acquirer routing, and smart transaction routing.
MONEI PLUS
Use your own processor or acquirer. Charges a daily fee of €39.99 for connection with up to 2 processors and €19.00 for each additional processor. Offers all payment methods, customizable settlement times, and unlimited dashboard users.
MONEI Pay
Designed for in-store payments, this plan offers card transaction fees of 0.65% and Bizum transactions at 0.9%. It includes a daily fee of €0.03 and a chargeback fee of €17.00.
MONEI alternatives
checkout.comBetter suited for larger businesses with a global presence. Checkout.com has more brand awareness and website traffic growth. However, user reviews are mixed, with some complaints about complex fees and support responsiveness.Read more
AdyenBetter for larger enterprises. Has a wider range of payment methods and global reach. Provides more robust fraud prevention and detailed reporting. However, users report negative experiences with customer service, complex pricing, and platform complexity. Adyen is growing faster.Read more
Stripe PaymentsHas broader industry applicability. Is growing faster than MONEI. Users appreciate the robust features, seamless integrations, and transparent pricing but dislike the complex setup and limited customization. A popular MONEI competitor and a strong Stripe Payments alternative.Read more
PayConexBetter fit for healthcare and wellness businesses. Has publicly available user ratings. Growing faster in website traffic but slower in employee growth. Supports ACH payments and real-time verification. Integrates with Salesforce.Read more
VersapayBetter for AR automation and integrates with accounting software. Popular with users for its user-friendly interface and automated payment reminders. However, users mention some issues with customer service responsiveness and the implementation process. Serves retail, manufacturing, and professional services industries.Read more
Amazon Pay for BusinessBetter for businesses seeking a familiar checkout experience for their customers, potentially increasing conversions. Suitable for a wider range of industries. Note that user reviews mention limitations on international payments and exclusive use within the Amazon ecosystem. Amazon Pay for Business has positive pricing sentiment.Read more
MONEI FAQ
What is MONEI and what does MONEI do?
MONEI is a payment platform offering various solutions for businesses to accept payments online, in person, or via invoices. It integrates with e-commerce platforms like Shopify and WooCommerce, providing a centralized dashboard for managing transactions. MONEI offers flexible pricing options including dynamic and custom rates.
How does MONEI integrate with other tools?
MONEI integrates with major e-commerce platforms like Shopify and WooCommerce. It also supports various local payment methods such as Bizum, Multibanco, and iDEAL. Through MONEI PLUS, businesses can integrate with their own payment processors.
What the main competitors of MONEI?
MONEI competes with other payment processing platforms like Versapay, PayConex, HitPay, PayPal, and Checkout.com. These alternatives offer various features for accepting payments, managing transactions, and integrating with e-commerce platforms. Some, like HitPay, focus on specific regions or business sizes.
Is MONEI legit?
Yes, MONEI is a legitimate payment platform. It integrates with popular e-commerce platforms and offers various payment methods, making it a safe and versatile option for businesses. User reviews on G2 rate it 4.5/5.
How much does MONEI cost?
MONEI pricing varies by plan. MONEI X starts at 0.15% + €0.24 per transaction. MONEI PLUS offers custom pricing. MONEI Pay charges 0.65% per transaction for in-store payments. Each plan includes daily fees and other potential charges.
Is MONEI customer service good?
Customer reviews on MONEI's customer service are mixed. While some praise the helpful and responsive support, others have described negative experiences, citing unhelpful and slow responses. Some users specifically appreciate the smooth onboarding process and personal attention.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.