What is Payconiq?

Want to know what Payconiq is and how it could benefit you? You’re in the right place!

Here's everything you need to know about making mobile payments with Payconiq.

Payconiq provides a secure, quick and easy way for businesses to accept mobile payments through a QR code. Customers, clients, or members of an organisation simply scan the QR code with their Payconiq by Bancontact app or alternative banking app, making payment a breeze.

What do I need?

All you need to get started with Payconiq is a smartphone, laptop, or computer, and payments can be made directly via a website or smartphone app. Payconiq can also be integrated into tills, webshops, payment terminals, etc. thanks to the support of our Payconiq partners.

Who can use Payconiq?

Just about anyone! Most banks support Payconiq within their banking app, allowing consumers with the Payconiq by Bancontact app to make mobile payments quickly and easily, no matter which bank they’re with.

How does Payconiq work?

There are different ways to receive payments. There are solutions where you enter the amount yourself, but also solutions where the payer enters the amount. Below is the basic principle for each option:

You enter the amount to be paid

Simply enter the amount
Ask the person making the payment to scan your QR code and confirm the payment.
Payment confirmation will appear on your screen.

The payer enters the amount to be paid

The payer scans your QR code
The payer enters the amount due and taps to confirm
Payment confirmation will appear for both parties.

I can already accept QR code payments with my banking app. Why do I need a Payconiq merchant account?

A Payconiq merchant account is the only legal means of accepting mobile payments via Payconiq, offering you these valuable benefits:

Comprehensive reporting: Access detailed reports, making it easier to manage payments and track your revenue.
Unlimited transactions: Accept payments without restrictions on the amount or number of transactions.
Staff access: Allow staff to receive payments on your behalf.
Seamless integration: Integrate Payconiq with your POS system, payment terminal, or online store.
Dedicated payment app: The free Payconiq GO app simplifies receiving payments and is available on Android and iOS smartphones.