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The Payconiq™ platform connects banks, merchants, payment service providers and consumers, to enable omni-channel payments online, in store, by invoice or peer-to-peer. It is an API-based platform, allowing for a fast connection and value-added services.

Consumers can download one of the stand-alone apps or use the Payconiq™ integration in their mobile banking apps (where available), according to their country of residence. They connect their bank account to the app and then are able to make payments to affiliated merchants by scanning a QR-code, or to friends (by e-mail address or cellphone number).

User Experience

At online checkout, the consumer chooses Payconiq as the preferred payment method.

Payconiq™ - User Journey - 1

A Payconiq™ QR code is generated, and the consumer is presented with instructions for how to complete the payment.

Payconiq™ - User Journey - 2

Once the QR code has been scanned, the Payconiq™ mobile app will continue with the payment in the app.

Payconiq™ - User Journey - 3

The consumer reviews the merchant details, order reference and payment amount before continuing.

Payconiq™ - User Journey - 4

The consumer verifies their identity to confirm the transaction.

Payconiq™ - User Journey - 5

The merchant will be notified of the successful transaction immediately afterwards.

Payconiq™ - User Journey - 6


How to enable Payconiq™

All merchants are enabled by default to accept payments for Payconiq™, with the exception of certain Merchant Categories

Merchant Categories

There are some merchant categories that are not eligible to have Payconiq™ enabled. If your business is in one of these categories, you will not be able to accept payments through Payconiq™:

Merchant Category (MCC) Description
6010 Member Financial Institution–Manual Cash Disbursements
6011 Member Financial Institution–Automated Cash Disbursements
6051 Quasi Cash–Merchant
7273 Dating Services
7297 Massage Parlors
7393 Detective Agencies, Protective Agencies, Security Services including Armored Cars, Guard Dogs
9223 Bail and Bond Payments

Supported Apps

A customer from Belgium may scan the Payconiq™ QR code and pay with these apps:

Payconiq™ - Supported Apps Belgium

A customer from Luxembourg may scan the Payconiq QR code and pay with these apps:

Payconiq™ - Supported Apps Belgium

Get Support

If you have any questions about our solutions, or questions about how to integrate with our solutions, please refer to our Get Support page.