• Belgium

    The most popular payment method in Belgium.

  • 100% guaranteed

    Payments are 100% guaranteed when authorised by the customer.

  • Low cost

    Only pay per successful transaction. No hidden costs, ever.

  • QR available

    Payments can be authorised through QR code and app.

What is Bancontact?

Bancontact is a Belgium payment scheme and is the Belgian market leader when it comes to electronic payments, with over 15 million Bancontact cardholders. More than 80% of Belgian webstores allow payments through Bancontact. When using bancontact to pay online, customers transfer money directly from their bank account, through the familiar Bancontact online banking product. This guarantees a successful payment that can’t be reversed by the customer. As a merchant, you receive instant confirmation of the status of the payment, which means you can continue processing the order immediately.

Bancontact’s online payment scheme can be used by all customers with a Bancontact branded payment card. More than 20 Belgian banks issue Bancontact branded cards, resulting in over 15 million cardholders. Banks issuing Bancontact branded cards are ABK Bank, Argenta, AXA Bank, Bank J. Van Breda, Belfius, Beobank, BNP Paribas Fortis, bpost bank, CBC Banque, CPH Banque, Crelan, Deutsche Bank, Fintro, Hello Bank, ING België, KBC Bank, Keytrade Bank, Nagelmackers, Record Bank and VDK Spaarbank.

In 2015 more than 27 million transactions were made through Bancontact, averaging 70.000 transaction daily. In the same year Bancontact released an app which allows online payments to be made through a customer’s phone, making paying even easier for customers.

How does Bancontact work?

When customers choose to pay through Bancontact, they are forwarded to their own trusted Bancontact environment. Here they can choose to pay by entering their card details, or by app. Then they choose which of their linked cards they’d like to pay through, they enter their pin and finally authorise the payment! When this is done, payment is guaranteed. This allows merchants to continue processing the order faster.

Benefits of Bancontact through Mollie

There are many benefits to accepting Bancontact through Mollie. You get all major payment methods through a single integration. Through our clever onboarding process, you can start accepting payments quickly, without any of the paperwork that’s involved when setting up a connection yourself. Our clever yet simple API makes the integration incredibly robust and built for volume. Our API and Dashboard allow for direct and easy refunds and lets you export all your data in several different formats for your bookkeeper or accounting program. And our pricing is very competitive, with no hidden fees at all.

Implementing Bancontact through Mollie is easy. There’s no lengthy signup processes and we have free, open-source packages and plugins available for most coding languages and e-commerce platforms, which allows for easy integration into any project. Our prices are transparent; you only pay a low fee for successful transactions. And your personal dashboard gives you crucial insights into all your transactions and statistics. Mollie is the quickest and easiest way to implement Bancontact.