In January 2019, Bancontact Payconiq Company released the joint payment app – Payconiq by Bancontact – combining the benefits of the former individual Bancontact and Payconiq apps. “The best of both worlds,” was the phrase doing the rounds at the time. Now, on its first birthday, the Payconiq by Bancontact app has some great results to talk about. Over the past year, 65 million payments were made with the app. This is twice as many as in 2018.
“The figures show that mobile payments are here to stay in Belgium,” says Nathalie Vandepeute, CEO of the unified Bancontact Payconiq Company. “In 2019, more than 50% of all online payments made with Bancontact or Payconiq were via a smartphone. Mobile payments are no longer ‘the future’, but the present.”