There are no limits for the number of Payconiq payments you can receive as a merchant. This means you can receive as many payments as you like.
There are 3 different sorts of payment limits that apply for your customers, which depend on the way they pay when using the Payconiq by Bancontact app with you: via Payconiq, via their Bancontact card or contactlessly.
The limits for customers paying via Payconiq depend on their bank:
€500 per day (depending on the limits in the AXA app)
Underage customers: €250 per day
€350 per day
€1000 per week (depending on the limits in the Belfius app)
- BNP Paribas Fortis (also Fintro and Hello Bank!)
€2 500 per day (this is a combined limit that includes other payments using the BNPPF app)
- KBC / CBC
€1000 per day (depending on the limits in the KBC Mobile app)
For underage customers, the limit is €125
€2 500 per day (this is a combined limit that includes other payments using the ING app)
- Other banks: 150€ per week
Customers who have not activated Payconiq in their bank app pay with the bankcard that they have added to their bank app. The limit for this is €500 per day, depending on the bank.
The limit for customers paying contactless (by holding their smartphone close to the terminal) is €25 per transaction.