Those higher limits ensure:
- More freedom for the Payconiq by Bancontact app users. From now on, they can use Bancontact to pay for larger purchases or make multiple purchases within one day as the daily limit has been quintupled.
- Extra selling opportunities for merchants. From now on, their customers can not only make more purchases and pay by mobile using Bancontact, but they can also make larger and more expensive purchases. Moreover, the increased limit ensures a better customer experience for those who use their smartphone to pay.
An improvement for the merchant and for the consumer.