Legal
Acceptable use
What MolnPay may and may not be used for. This is the document the verification before a merchant's first withdrawal or live checkout will check against, so it is written to be applied rather than to be impressive.
Not yet published. Verification — identity for individuals, the business for companies — is being added before a merchant's first withdrawal or live checkout, and this document is what it will apply. The policy itself is not written yet.
What it will cover.
- Prohibited business categories
- Named specifically rather than gestured at, because a list a reviewer cannot apply consistently is not a policy. Where a category is restricted rather than banned, the conditions will be stated.
- Sanctions and jurisdictions
- Which jurisdictions we will not serve, and what happens to a balance if an account is later found to be in one.
- Using the API against other people
- The uses of a payments API that harm somebody other than the merchant — deceptive checkouts, invoices for goods that do not exist, resale of access to third parties we have not reviewed.
- Funds of obviously illicit origin
- What we do when a deposit's provenance is plainly a problem, and — equally importantly — the limits of what we claim to be able to detect. MolnPay does not currently run transaction screening, and will say so rather than imply otherwise.
- What happens when a rule is broken
- The three account states, that a pause or suspension always carries a stated reason, how to contest one, and how a merchant gets their balance out of an account that is being closed.