Our permit limits us to processing payments for companies, not private individuals. A key condition is therefore that the business must be registered in the trade register of the country of establishment. In the Netherlands this is the Chamber of Commerce. In addition, we can only pay out into a business account. So that is also compulsory.
Prohibited products and services
As a payment institution, we have drawn up a policy regarding the products and services for which we do or do not process payments. This policy is rooted in legislation, but also in considerations pertaining to potential risk and reputational damage for Mollie.
As a payment institution, we are under no obligation to provide a detailed account of our acceptance policy. We have, however, drawn up a list of products and services for which we cannot offer our services.