Founded in 1989, and now a brand from the Bancontact Payconiq Company, Bancontact makes it possible to pay directly through the online payment systems of all major Belgian banks for customers with Bancontact payment cards. Bancontact is the Belgian market leader in electronic payment services, with 24 banks issuing Bancontact cards including: Argenta, Attijariwafa Bank, AXA, BNP Paribas Fortis, Banque van Breda, Belfius Bank, Beobank, bpost Bank, CBC, Chaabi Bank, CPH, Crelan, Deutsche Bank, europabank, ING, KBC, Keytrade Bank, Nagelmackers and vdk Bank.
Local payment card, QR code
At checkout, the consumer enters their card details or scans the QR code, then authorises payment.
Belgium
At checkout, the consumer selects Bancontact as their payment method.
The consumer chooses to pay by QRC using the Bancontact app or by entering their Bancontact account card number.
Depending on the option, the consumer scans a QR code or enters card details for payment.
Payment confirmed.
There are a lot more payment methods customers from all over the world feel more comfortable to use and trust much more than credit cards.