Mobile payments with Bancontact and Payconiq increase tenfold in five years

publish date
22 February 2024

The Payconiq by Bancontact app is celebrating its 5th anniversary. Since its launch, the number of mobile payments made annually with Payconiq and Bancontact has increased by a factor of no less than 10. And mobile payments continue to boom, especially in bricks-and-mortar shops.

A lot can change in the world of payments in five years, as our new annual figures show. 

Back then, in mid-2018, Bancontact Company and the new start-up Payconiq Belgium joined forces to offer Belgians the best payment experience in the market.  

Launched in early 2019, the Payconiq by Bancontact app counts today more than 2 million unique users

The Bancontact and Payconiq mobile payment solutions are firmly established: in 2023, some 2 million Belgians used the Payconiq by Bancontact app to make a mobile payment, and if we add Belgians who used a banking app that integrates the Bancontact and/or Payconiq payment method, we can undoubtedly talk about several million Belgians.

Read the full press release here

Download the infographic with the annual figures for 2023 here