Prohibited Businesses

MANGOPAY cannot support all types of business activity due to legislation, regulations, network rules and requirements from our providers. This page aims to determine whether we can support your planned or existing business activity.

Not sure whether MANGOPAY can support your business? Don’t hesitate to contact one of our experts to see if we’re the right fit for you.

1.Financial services

1.1 Investment & credit services

  • Rotating savings
  • Foreign Exchange Market (Forex)

1.2 Money and legal Services

  • Check cashing
  • Cash Transfer

1.3 Virtual currency or stored Value

  • Bitcoin or any cryptocurrencies related platforms

2. Unregulated and illegal products and services

  • Narcotics
  • Pyramid schemes
  • Products and services with varying legal statuses on a state-by-state/country basis

3. Other prohibited high-risk products and services

  • Any gambling-related platforms, e-casinos, lottery and card games
  • Sales of tobacco, e-cigarettes and e-liquid, counterfeit products and/or weapons
  • Retailers selling products derived from cannabis cannabidiol (CBD)
  • Gold, precious stones and gemstones
  • Any adult content, including pornographic content, escort platforms, pay-per-view, webcam services and/or violent content
  • Auction platforms that are not supported by a regulated action house
  • Dietary and/or food supplements
  • Multi-level marketing
  • Peer-to-peer parcel handling
  • E-sports or video game competitions
  • Psychic services
  • Any product or business that we believe poses an elevated financial risk, legal liability or violent card network of bank policies
  • Sale of Twitter followers, Facebook likes, YouTube views or other forms of social media following
  • Creation of fake accounts (Facebook/Twitter/Instagram…)
  • Remittance funds
  • Prepaid card solutions

4. Other business supported on a case-by-case basis

There are some businesses which may use our services on a case-by-case basis.

If your activity is listed below, please contact us to check whether MANGOPAY is the right fit for your business.

These categories include but are not limited to:

  • Payment services on web, mobile, app, or by email
  • SaaS e-commerce solutions
  • SaaS marketplace solutions
  • SaaS crowdfunding solutions
  • Unregulated crowdfunding equity platforms
  • Charitable donations, gift and/or counter gifts
  • Solutions that are white- or grey-label
  • Platforms targeting clients outside of the European Economic Area (EEA)
  • Complex financial products
  • E-commerce platforms, unless your annual turnover is above a certain threshold per year
  • E-Pharmacy marketplaces
  • Online travel agencies
  • Alcohol-related services

Please note that MANGOPAY reserves the right to refuse your activity if necessary and to adjust the above conditions at any time.