Why does Payconiq have an annual operating fee?

Since the launch of Payconiq in 2016, we have never changed the pricing for a Payconiq transaction. We want to hold on to this competitive market pricing for as long as possible.

The regulatory requirements are becoming more and more demanding however, and this generates additional operational costs. This is why we must introduce an annual operating fee. The operating fee of € 18 covers the operational costs, including costs for your onboarding process and the administration and management of your account on the Payconiq platform.