Bancontact

Bancontact is the Belgian version of IDeal and is the market leader in payments in Belgium. In addition, the online payment process takes place via a secure connection to the buyer's trusted internet banking environment.

Payconiq App

Belgian consumers regularly pay in shops, restaurants and online with their smartphones via the Bancontact Payconiq App. 33% of all Bancontact payments are made via the app. Merchants who, in addition to Bancontact, also offer the mobile payment method on their website, experience that this results in 15 to 20% more conversion. The app works on both the iOS and Android operating systems, making it usable on almost all smartphones.

Payment options Bancontact

20 banks support Bancontact and you can use it at 290.000 payment points in Belgium. You can easily link this payment method to your webshop, so that customers can complete orders with this payment method. If Belgium is part of your sales market, it is highly recommended to add this as a payment solution in your checkout.

Bancontact is a Belgian payment method. 80% of Belgian web shops accept Bancontact and it is used by 15 million people.

Benefits

  • Easy, fast and reliable
  • Most chosen online payment method in Belgium
  • Omnichannel reach: offline, online and mobile via the Bancontact Payconiq App
  • If you lose the card, you will get at least 100 euros back if that was stated.

Cons

  • There is a maximum number of times you can use it per day, per week, etc.

How does it work?

Bancontact is a physical card and you will use it like a normal bank card. you can use it with the card reader.

Markt

  • Belgium