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Online payment

Online payment

At Mavim we take security and compliance extremely serious. Therefore we have partnered with a renowned party to assist us in providing online payment methods:

Mollie maintains PSI-DSS level 1, ISO 27001, ISO 9001 and Dutch National Bank security and compliance certifications and is widely known as trusted partner for online payments. In order to prevent fraudulent transactions we do not store any card details, expiry dates, CVV2 codes, etc. needed to make transactions. The payment dashboard is only used to check whether payments are made and to interface with Exact Online, our accounting platform. Access to the dashboard is limited to 2 strictly monitored and vetted staff members and is protected by multi-factor authentication. Compliance procedures like KYC, BEPS, FATCA CRS etc. are carried out by designated financial institutions and government bodies. Mavim has no obligation in these. Mavim and Mollie are entitled to disclose or hand over confidential information of the other Party to the competent authorities, in cases in which they are required to do so under applicable statutory provisions, or in which Mollie is required to deliver it to an Intermediary on the basis of agreements made with such an Intermediary.

Here you will find more information about security:

Personal Data are processed in the context of the execution of the Agreement. With respect to the processing of the Personal Data, both Mavim and Mollie are controllers within the meaning of the General Data Protection Regulation, insofar as they independently determine the purposes and means for the processing. Both parties have taken appropriate technical and organizational measures for the protection of Personal Data.

Mollie is responsible for the protection of Payment Data in its possession, and will take all administrative, technical and physical measures reasonable from a commercial point of view to protect your Personal and Payment Data against unauthorized access or unintended loss or alteration. Notwithstanding the above, Mollie cannot guarantee that unauthorized third parties will never be able to breach or circumvent the security measures taken by Mollie and use the Personal and/or Payment Data for malafide purposes. You accept this risk if you provide us Personal Data. Mavim cannot be liable in case a payment is made with a stolen or missing card.

Mollie will process Personal Data in the context of its services, in connection with statutory obligations, and to safeguard the security and integrity of, inter alia, its organization and the financial sector. In processing Transactions and payments, Mollie works together with different Financial Institutions and Mollie shares Personal Data with Financial Institutions.

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