The Payconiq by Bancontact app and Payconiq solutions for merchants remain your trusted solutions for mobile payments
It was announced in the press this week that Bancontact Payconiq Company is partnering up with EPI (European Payments Initiative). This naturally requires some additional explanation. Most of all, we can reassure you that for both Payconiq merchants and users of the Payconiq by Bancontact app, nothing will change today.
The Payconiq by Bancontact and Payconiq GO apps will continue to exist
The European payment solution Wero has recently become available for payments among friends in a number of banking apps. We have ensured that users of the Payconiq by Bancontact-app can continue to scan these QR codes in the banking apps as usual.
Nothing changes for users of the Payconiq by Bancontact app. They can continue to use their Payconiq by Bancontact app to refund or be refunded by friends (via a QR code or a payment request), to pay online with Bancontact and pay in-store via the Payconiq QR code. The Payconiq by Bancontact app will continue to exist in the future.
Nothing changes for merchants today either. In the long term, the current payment platform will evolve so that merchants can accept the Wero European payment solution in their business. The current Payconiq QR code on sticker or in the Payconiq GO app will continue to be able to be used as usual, at the same pricing conditions as today.
Payconiq evolves, but Bancontact will remain
The Payconiq payment solution will evolve over time. However, this does not mean that the Payconiq by Bancontact app, which integrates Payconiq and Bancontact spayment olutions, or merchant platforms and solutions will disappear.
On the contrary, the app and merchant payment platforms will remain and, moreover, will evolve to provide both individuals and merchants with the best possible payment experience.
You will be kept informed of developments via our usual communication channels. As always, we are committed daily to providing you with the smoothest and most secure payment experience. And we will continue to do so in the future.