Payconiq

 Payconiq is a payment method in EU that can be used via an application. It allows you to pay in shops, online and between friends, but also to pay bills and restaurant bills. It's very popular because end-users benefit from fast and easy payment via their smartphone, while merchants reduce checkout duration and pay lower fees per transaction than any other payment method.

Using Payconiq for mobile payments is simple – all your customer needs to do is scan a QR code with an Apple or Android smartphone. The transaction is conducted directly through the Payconiq app, which is already linked to your customer’s bank account.

How it works

Paying with Payconiq is fast and user-friendly. First of all, your customer downloads the free Payconiq app for iOS or Android. They then link their bank account to the app with a simple, one-off action that works for all Dutch banks. Once the bank account is linked, your customer can use Payconiq immediately to make a payment!

Payconiq allows you to pay easily in a physical or online shop, simply by scanning a QR code:

1. The QR code appears on a display or PIN terminal;
2. Your customer scans the code with a smartphone and then approves the payment in the Payconiq app with a four-digit code, fingerprint scan or face ID. This completes the payment, and the transaction will appear on the screen of your payment device or in your online shop. Your customer has paid!