It is of great importance to us a bookingkit that we comply with statutory regulations. This means that we are not permitted to handle any payment transactions ourselves.

One solution which complies with German Financial Supervisory Authority requirements is cooperation with a bank which handles payment transactions on your behalf. MangoPay is a young payment service-provider which already handles payments for more than 300 successful marketplaces, crowdfunding platforms and mobile Apps. These include Kleiderkreisel, Vestiaire Collective, Wertgeschenk and Ulule. MangoPay is backed by Credit Mutuel Arkea, the second largest French bank. Payment into your business account is linked to a one-off verification only. The relevant basis for this is article 8 in the 3rd EU Anti-Money Laundering Guidelines for European financial undertakings. So for our trustee MangoPay, the following documents are required, which you can upload directly into bookingkit under “Account” > “Verification”. If all the required documents are complete, you can generally arrange payments to your business account 72 hours after providing this proof of identity.

With the exception of the ID card, you can request all these documents from the joint register portal for the German states at

Find out here how to arrange a payment into your business account.

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