Belgium’s mainstream mobile payment, merging Bancontact’s QR capability for merchant, P2P and bill payments nationwide.
!Not a bank. Payconiq is a bank-backed payment app in Belgium; funds are drawn from linked accounts and are not deposits covered by insurance.
Limited. Needs a Belgian account and phone; foreigners with a local account can use it.
No top-up; direct debit from linked account｜Usually free for buyers (P2P and merchant payments); FX depends on underlying account.
Per-transaction/daily limits by tier — in app
Limited. Needs a Belgian account and phone; foreigners with a local account can use it.
Local bank account: Link a Belgian local bank account. Items typically needed: Belgian phone; Belgian bank account; Identity verification.
Typically: Belgian phone; Belgian bank account; Identity verification.
How to sign up: Mobile app — link local account, pay or request via QR or phone number (Minutes with a local account). Steps: 1) Install Payconiq 2) Link a Belgian account 3) Pay/request via phone or QR 4) Scan to pay at merchants Fees: Usually free for buyers (P2P and merchant payments); FX depends on underlying account.
Per-transaction/daily limits by tier — in app
E-wallet rules change often — always follow the latest instructions in the official app.