Bancontact logo
regional Brussels, Belgium

Bancontact

Belgium's dominant electronic payment scheme, processing over 2.5 billion transactions annually. Founded in 1979 as the Bancontact network, the company merged with Payconiq Belgium in 2018 to form Bancontact Payconiq Company. Enables debit card payments, mobile QR code payments via the Payconiq by Bancontact app (2M+ users), contactless NFC, and online payments. Accepted at 94% of Belgian debit card terminals. Part of the European Payments Initiative (EPI) via its Payconiq International subsidiary, transitioning to Wero in 2026.

Fees from
Custom
Settlement
Instant
Coverage
2 countries
Payment methods
6
Dev tools
Sandbox Webhooks

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Bancontact overview

Best for

Belgian Payments

Key features

Instant Payments
Low Fees

Bancontact pricing & fees

Pricing structure

Pricing
Custom
Your business must be registered in
Not disclosed
Headquarters
Brussels, Belgium
Founded
1979

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Bancontact settlement & payouts

Payouts

Settlement time
Instant
Settlement currencies
Not collected yet

Bancontact API & integration

API Profile

Sandbox
Available
Webhooks
Supported

Platforms

MobileOnlinePos

Official SDKs

REST-API

Bancontact coverage & payment methods

Regions

Europe

Supported countries

2 countries
BELU

Payment methods

Apple PayBancontactContactlessMobile PaymentNfcQr Code

Bancontact licensing & compliance

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1 legal entity

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