We offer two types of accounts: business accounts and merchant accounts.You can use a Safenetpay business account the same way you’d use a business current account with your bank. Our merchant accounts allow you to accept credit and debit card payments and payments using alternative methods such as cryptocurrencies and e-wallets.
Some activities (transactions) are prohibited with Safenetpay and evidence of business conducted in these areas will result in rejection of your application or closure of your active Safenetpay account.
The list of prohibited activities & transactions, as per our T&Cs, includes but is not exclusive to:
For full details on our prohibited transactions and activities please refer to section 14 of our terms and conditions here.
Safenetpay is is an Electronic Money Institution authorized by the United Kingdom Financial Conduct Authority under the Electronic Money Regulations 2011 and Payment Service Regulations 2017.We keep your money in ring-fenced accounts in Germany and the UK. We can only use your money to fulfil your requests. We can’t take any risks with it. In the unlikely event that we become insolvent, your funds will be kept safe by being held on a specifically designated safeguarding account.