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About Bancontact Payconiq Company

As a local provider, Bancontact Payconiq Company offers payment solutions that are secure and tailored to each merchant, whether it is Bancontact or Payconiq. The company's core mission is to continuously make digital payment solutions evolve and make them as ‘invisible’ as possible. The company is using its strong Belgian roots to do this – a fact that is decisive for enabling the local economy to flourish. The Payconiq by Bancontact app enables secure mobile payments to be made in a wide variety of situations: in bricks-and-mortar outlets, ranging from local stores to large supermarkets, as well as online in webshops, at restaurants, in the sports club canteen, at the doctor’s surgery, at festivals, etc. The app can also be used to pay invoices, split the bill among friends and to donate to charities. Even meal vouchers can be added to the app for making mobile payments. The app is aimed at all Belgians and operates on both iOS and Android smartphones. In all, it is accessible to the customers of 17 banks. The Bancontact card continues to be the benchmark for card payments, with a continuing upward trend towards contactless payments. In 2024, the company recorded 2.5 billion payments made with Bancontact and Payconiq. Paying contactlessly by card is increasingly becoming the norm: in 2024, the company had a total of 1.9 billion in-store Bancontact card payments,1.35 billion of which were contactless. Mobile payments using a smartphone are rapidly increasing in popularity: last year, the company recorded 471 million mobile payments. This was a 28% increase compared with the previous year. Online payments (using a smartphone or card reader) are also inexorably on the rise: in 2024, the company recorded 382 million online payments. 90% of online payments were made with Bancontact using a smartphone in December 2024.

 

Contact

Rue d'Arlon 82 1040 Brussels BE

02 234 11 40

info@bancontactpayconiq.com

www.bancontactpayconiq.com