This video shows you how it works, step by step.
You have two options:
At a distance
Open up the Payconiq by Bancontact app, choose ‘Contacts’ and select the person you want to pay
Enter the amount and confirm by entering your PIN.
Then confirm by entering your PIN. Done! You’ll both receive an immediate payment confirmation.
Scan the QR code
Both of you open up the Payconiq by Bancontact app.
Do you want to receive money? Then select ‘Receive’. Enter the amount and type in a message if you want. And that’s it, a unique QR code appears. All your friend needs to do now is to scan the code and enter their PIN.
Do you need to pay back your friend? Then you simply scan the QR code on your friend’s smartphone. Double-check the amount that appears on your screen, choose the bank card you want to pay with and click on ‘confirm’.
Then confirm by entering your PIN. Done. You’ll both receive an immediate payment confirmation. It really is that quick and easy.