Minister Jan Jambon and Bancontact have published an information brochure explaining the optimised tax incentive offered to merchants who buy a payment terminal. Since 1 January 2018, the new law pertaining to company taxes means that the purchase of a payment terminal is now more interesting for the self-employed, independent professionals and SMEs.
In the summer of 2018, Bancontact Company and Payconiq Belgium will join forces in one single company 'Bancontact Payconiq Belgium'. Shareholders made the announcement on Tuesday, March 27, 2018.
PPRO Group, specialist in international online payments, becomes Bancontact acquirer. This gives merchants the opportunity to accept worldwide Bancontact payments, which gives an added boost to international sales. Because the transaction is all processed in one place, merchants can profit from benefits such as faster transactions, faster refunds and, most importantly, improved conversion rates.
Pay.be has become an acquirer of Bancontact. From now on, Pay.be can offer in a direct way its customers the most used payment method in Belgium, such as accepting payments via the Bancontact app.
The way we pay is at a tipping point. Nearly 8 out of 10 younger Belgians hardly have any cash on them anymore. And about half of the people with a smartphone think mobile payment is a very practical method. These are just two of the many surprising conclusions of the Great Bancontact Payment Survey 2017.
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Marketing & PR Manager Bancontact Company
Lotta de Meulenaere
Tel: +32 2 709 54 53