Businesses only
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.
- Unlicensed trade in prescription medicines, pharmacy services or any controlled substance
- Pseudo pharmaceuticals
- Steroids and nutraceuticals that are harmful to consumer safety
- Narcotics or illegal drugs
- Materials that can be used for the production of cannabis or illegal drugs
- Any sexual or pornographic digital content
- Sexual dating or mail-order brides
- Sex events
- Prostitution
- Illegal gambling
- Binary options
- Bidding fee auctions
- Cryptocurrency trading
- Financial products with excessively high risks or questionable legality
- Unlicensed money orders, money transfers or cash services
- Unlicensed currency conversion or currency dealers
- Unlicensed alternative currencies, payment cards or stored value
- Unlicensed investment products, information or consultation
- Any form of payment aggregation or factoring
- The promotion of terrorism or political violence
- Counterfeit products
- Any illegal products or services
- Any product that provides instructions for, or encourages illegal activity
- Stolen goods
- Any product that infringes on the copyright, trademark or privacy of others
- Deceptive marketing practices
- Deceptive, unfair or predatory products or services
- Pyramid and 'get rich quick' schemes
- Evasion of Card Scheme monitoring practices
- Any product that poses an unacceptable risk to the reputation of Mollie