Bancontact Payconiq Company

Bancontact Payconiq Company
Industry	Financial services
Predecessors	Bancontact Company,PayconiqBelgium
Founded	2018
Headquarters	Brussels,Belgium
Key people	Nathalie Vandepeute (CEO)
Products	Mobile applications
Website	bancontactpayconiq.com

Bancontact Payconiq Companywas formed following the merger of Bancontact Company andPayconiq Belgium.The company is the Belgian market leader infinancial services.Company headquarters are inBrussels,Belgium.^{[citation needed]}

History[edit]

In March 2018 the companies declared their intention to merge with each other.^[1]^[2]^[3]The merger was finalized in July. Nathalie Vandepeute became theCEO.^{[citation needed]}

In August, the company got a capital injection from its five major shareholders from 17 to more than 32 million euros.^[4]

In January 2019 the company merged its payment applications called "Bancontact" and "Payconiq" into an app called "Payconiq by Bancontact".^[3]^[5]The app is supported by 20 Belgian banks and 290.000 Belgian stores.^[6]Next to the app, the company issues debit cards under the "Bancontact" branding that can be used in physical stores and online.^[7]Bancontact Payconiq is a member of theEuropean Mobile Payment Systems Association.^{[citation needed]}

References[edit]

^"The Brussels Times - Bancontact and Payconiq Belgium to merge".Retrieved2019-02-03.
^"Payconiq to merge with Bancontact in Belgium".Finextra Research.2018-03-27.Retrieved2019-02-03.
^^a ^b"Belgian payment firms Payconiq and Bancontact to merge operations".Electronic Payments International.Archived fromthe originalon 2019-03-28.Retrieved2019-02-03.
^"Bancontact tankt 15 miljoen euro extra kapitaal bij".De Tijd(in Dutch). 2018-08-03.Retrieved2019-02-03.
^"Bancontact en Payconiq samen in één app".De Tijd(in Dutch). 2019-01-23.Retrieved2019-02-03.
^"Belgium's Payconiq by Bancontact app launches".Finextra Research.2019-01-23.Retrieved2019-02-03.
^Tanghe, Nico (27 March 2018)."Bancontact en Payconiq fuseren tot nieuwe betaalreus".De Standaard(in Flemish).Retrieved2019-02-03.

External links[edit]

Official website

[1] "The Brussels Times - Bancontact and Payconiq Belgium to merge".Retrieved2019-02-03.

[2] "Payconiq to merge with Bancontact in Belgium".Finextra Research.2018-03-27.Retrieved2019-02-03.

[:0-3] "Belgian payment firms Payconiq and Bancontact to merge operations".Electronic Payments International.Archived fromthe originalon 2019-03-28.Retrieved2019-02-03.

[4] "Bancontact tankt 15 miljoen euro extra kapitaal bij".De Tijd(in Dutch). 2018-08-03.Retrieved2019-02-03.

[5] "Bancontact en Payconiq samen in één app".De Tijd(in Dutch). 2019-01-23.Retrieved2019-02-03.

[6] "Belgium's Payconiq by Bancontact app launches".Finextra Research.2019-01-23.Retrieved2019-02-03.

[7] Tanghe, Nico (27 March 2018)."Bancontact en Payconiq fuseren tot nieuwe betaalreus".De Standaard(in Flemish).Retrieved2019-02-03.

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