Payconiq
Founded in 2015, Payconiq is a Belgian e-wallet accepted in Belgium and Luxembourg. Consumers benefit from quick and easy payments through their smartphones while its 70,000 merchants can improve conversion rates by reducing friction for consumers. Due to its lucrative loyalty scheme, Payconiq maintains a healthy, repeat consumer base. Payconiq is supported by 20 banks: 95% of whose customers can use the payment method.
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Get in touchWhy Payconiq
Payconiq reports that consumers make more than 4 million payments daily, with an average value of EUR 80, putting them among Europe’s higher spenders.
According to Payconiq 5.3 million Belgians made at least one mobile payment using Payconiq and the Payconiq app was downloaded over 1.3 million times in 2022.
In Belgium it’s mandatory for all consumer-facing businesses to provide at least one way in which to accept electronic payments from customers, which would supplement more traditional payment methods.
Specifications
Coverage
Currencies
Features
How it works
At online checkout, the consumer chooses Payconiq as the preferred payment method
The consumer scans the QR code on the payment page
he consumer con firms the payment in the Payconiq app
Payment is con firmed