Payconiq payments

Available from Version: 20230927

Payconiq is a Belgian e-wallet accepted in Belgium and Luxembourg.

Consumers benefit from quick and easy payments through their smartphones while its 70,000 merchants can improve conversion rates by reducing friction for consumers.

Due to its lucrative loyalty scheme, Payconiq maintains a healthy, repeat consumer base.

Payconiq is supported by 20 banks: 95% of whose customers can use the payment method.

It allows merchants to accept payments in-store or online (mobile and desktop) without the consumer leaving the payment page.

Payconiq general properties

Available country codes
  • BE
  • LU
Currency EUR
Minimum transaction amount 0.01 EUR
Maximum transaction amount

Depends on the bank
Session timeout 20 minutes
Refund
  • Full
  • Partial
  • Multiple Partial
Refund validity 365 days
Chargeback No
Integration category Asynchronous
Dynamic Descriptor supported Yes

The following features are not supported:

Feature Description
Surcharging It is not possible to add a surcharge to the transaction.
Credit It is not possible to create credit transactions.
Subscriptions It is not possible to set up subscriptions.
Reservations

The amount is automatically captured by default. It is not possible to create a payment request with type=payment.

If the type is set to payment, it is automatically changed to paymentAndCapture.
Acquirer based reconciliation files

The resulting payment data from calling the payments API method does not contain information in the AcquirerReconciliationIdentifier field.

For information about the payments method, see payments.

How it works

The processing of payments for goods using Payconiq Payments consists of one step, during which the capture of the payment takes place.

Capturing a Payment

The following diagram illustrates the steps involved in capture payment that are relevant to you as a merchant.



  1. The consumer selects Payconiq as their preferred payment method.
  2. The consumer is redirected to a payment page where they are presented with an option to scan a QR code.
  3. The consumer scans their QR code and confirms the payment in the Payconiq app.
  4. The merchant receives the payment confirmation of the payment.
  5. The merchant can ship the order/deliver the goods to the consumer.

To find out how to integrate with Payconiq using our merchant API, see Integrating using the Merchant API and more specifically, the createPaymentRequest method.

See the mandatory and configurable parameters by selecting Payconiq in the drop down list on the Create Payment Request page

Processing a Refund

Refunds take place after the capture of funds. There are several refund scenarios.

  • Full refund, which returns the funds for the entire transaction
  • Partial refund, which returns the funds for some of the order lines

The flow is as follows:

See the mandatory and configurable parameters by selecting Payconiq in the drop down list on the Create Refund Request page


Branding Guidelines

For branding information, please check the Payconiq branding guidelines.


Test the integration

You can test the Bancontact integration with us by using the AltaPay Sandbox. In order to do this, please check ePayment test integration page.