How does Payconiq work?

Payconiq is a payment service that allows you to receive payments through a QR code. Your customers scan the QR code using the Payconiq by Bancontact app or another payment app that supports Payconiq, and then confirm the amount to be paid. The funds are then transferred to your bank account. You can track incoming Payconiq payments in real-time through the Merchant Portal, which is a website that you can access from any device.

As a rule, a Payconiq payment follows three simple steps:

1. Your customer scans your QR code.
2. Your customer enters the amount (if required by your Payconiq solution) or simply confirms the amount displayed on their smartphone screen.
3. Your customer confirms the payment.

For more information about our solutions and the Payconiq solutions we offer through our partners, please visit our website. (https://www.payconiq.be/en/professional).