Bancontact

Belgium’s leading debit-based payment method trusted by consumers and merchants nationwide

Overview

Bancontact is Belgium’s most widely used electronic payment method allowing consumers to pay directly from their bank accounts online and in-store It operates as the country’s domestic debit card and online payment network and is a key driver of Belgium’s digital payments ecosystem Managed by Bancontact Payconiq Company it enables secure fast and low-cost transactions across all major Belgian banks

Key Services / Solutions

Bancontact supports debit card transactions mobile payments via the Bancontact app and online checkouts linked directly to users’ bank accounts It also powers peer-to-peer transfers and QR-based payments allowing easy transactions between individuals and businesses

Supported Payment Methods

Bancontact debit card for in-store purchases

Bancontact app for mobile and QR-based payments

Online payments through linked bank accounts and integrated checkout

Target Markets / Regions

Bancontact is used extensively across Belgium and accepted by nearly all Belgian merchants It is increasingly supported by international payment providers to serve Belgian consumers shopping online across Europe

Strengths / Differentiators

Nationally trusted and widely adopted by consumers and merchants

Low-cost secure debit-based payments

Seamless mobile and online payment experience

QR-code and peer-to-peer functionality

Strong partnerships with Belgian and European banks

Want to know more about Bancontact?
Contact Bizz2Pay today to discuss your requirements or get introduced to the right Bancontact team member or Payment Provider accepting Bancontact