Why does Payconiq introduce the yearly 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 pricing on the market for as long as possible.   

The regulatory requirements are becoming more and more demanding, which generates additional operational costs. This is why we introduce a yearly 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.