Overview
OlkyPay, at a glance.
OlkyPay is a payment institution headquartered in Luxembourg, regulated by CSSF, Autorité de Contrôle Prudentiel et de Résolution, Autorité des marchés financiers. Business accounts cost €19.90 a month. Opening an account takes 3–5 days.
OlkyPay is a payment institution, not a bank. Customer money is kept in a segregated account at a European bank.
Why businesses pick OlkyPay
- Open to all sectors, including crypto and high-risk businesses
- French or Luxembourg IBAN
- Accepts every company form and associations, from micro-entrepreneurs up
- No check of French banking-incident files (FICP, interdit bancaire)
- Capital deposit for companies being formed
- SEPA direct debit collection in-house
Watch out for
- €19.90 a month plus €40 a quarter
- Euro and SEPA only: no SWIFT or currency accounts
- Each payment out costs €0.40 plus 0.05%
- Incoming payments above €5,000 carry a commission of about 0.07%
- Trustpilot score of 3.1
Business fit
Will OlkyPay accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on OlkyPay's published rules
Needs review
OlkyPay works with Crypto, but does not publish the countries it accepts companies from.
OlkyPay does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What OlkyPay publishes about the businesses it takes on.
Who OlkyPay serves
- Crypto
- E-commerce
- Professional services
- Startups and SMEs
Not supported
Industries and countries OlkyPay does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use OlkyPay?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
EUR only
Payment reach
Not published
Who can apply
Company incorporation countries27 countries · show list
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
Owner nationality
Not publishedOwner residency
Not publishedCompany types
All company forms, from micro-entreprises to large companies, Sole traders, craftsmen and self-employed, Associations, Companies being formed (capital deposit)
Pricing
What does OlkyPay cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
€19.9
Compte Olky Pro
€19.9 per month
€0 setup · €238.8 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SEPA | Free | No charge · Commission of 0.068% to 0.08% on payments of €5,000 or more |
| Outgoing | ||
| SEPA | 0.05% + €0.4 | Percentage plus a fixed fee |
| SEPA Instant | 0.05% + €0.4 | Percentage plus a fixed fee |
| SWIFT / international | Not offered | Not available |
Other fees
Crypto
| Cost | Listed amount | How it is charged |
|---|---|---|
| On-ramp (fiat to crypto) | Not published | |
| Off-ramp (crypto to fiat) | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | €6.9 | Fixed fee · Mastercard Business; Premium €15.90 |
| Monthly card fee | €9.9 | Fixed fee · Mastercard Business; Premium €19.90 |
| Card FX | 1.8–1.9% | Percentage of the amount; varies by plan |
| ATM withdrawal | 2% + €1.9 | Percentage plus a fixed fee · Euro withdrawals with the Business card |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is OlkyPay a bank?
No. Olky Payment Service Provider S.A. is a payment institution supervised by the CSSF in Luxembourg, with a branch in France. Customer money is kept in a segregated account at a European bank.
How much does OlkyPay cost?
Compte Olky Pro costs €19.90 a month plus €40 a quarter. Payments out cost €0.40 plus 0.05%; incoming payments of €5,000 or more carry a commission from 0.068%. Cards cost €9.90 a month (Business) or €19.90 (Premium).
Does OlkyPay accept crypto and high-risk businesses?
Yes. OlkyPay says its account is open to all sectors, including crypto, Web3 and high-risk businesses, and it does not check French banking-incident files.
Can OlkyPay send international payments?
Only euro payments within SEPA. There are no currency accounts and no SWIFT payments.
Alternatives
How OlkyPay compares.
If OlkyPay is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
| OlkyPayThis pagePayment institution |   | High-risk friendlyFrance and Luxembourg |
 QontoPayment institution | | FreelancersInvoicing tools |
 ShinePayment institution | | French IBANFree plan |
 FinomE-money institution |  | Freelancers and small companiesInvoicing |
 BankeraPayment account provider | Not published | Crypto-friendlyHigh-risk industries |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.