Bancontact – Payment for Belgium

The Belgian Payment Gateway

Last Updated : 10th Aug 2021

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Installation Duration : 10 to 12 Business Days

Payment Gateway
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What is Bancontact

Bancontact is a bank redirect payment method used by the majority of online businesses in Belgium. This company was founded in 1979 and was formerly known as Bancontact/Mister Cash. It has a trusted background in the country and is the first choice for online payments.  Bancontact payments are authenticated by customers and immediately confirmed to your business. 

Bancontact provides the benefit of a mobile app that can help your customers make online using QR codes. For extra security, Bancontact allows you to track your customer’s bank details. This feature can be helpful in terms of fraud or payment errors. Unlike the other payment gateways, Bancontact only accepts Euros as a currency. It allows you to make payments using online banking, mobile app payments, and card payments.

Why use Bancontact?

  • It allows you to get a proper refund in terms of any fraudulent transactions.
  • Allows you to accept and make recurring payments using SEPA Direct Debit.
  • It works on the Standard payout timings
  • The transactions rates offered by Bancontact are extremely high.
  • To ensure successful transactions, customers are required to pay with Bancontact by redirecting from the app in use. This will authenticate the payment, then return to your app where you get a pop-up notification on whether the payment succeeded or failed.

Best suited for

The Belgian payment gateway is ideal for Belgian tutors and coaches in any field. Its high transaction success rate ensures that you never miss out on any payment. As a tutor, it will also allow you to set recurring payment options on your website.

Frequently Asked Questions

What are the currencies accepted by Bancontact?

Euro is the only currency supported by Bancontact

How much time does it take to process a refund?

Bancontact refund payments can take up to 180 days from the time transaction

Which are the countries supported by Bancontact?

It supports a range of popular countries like Australia, France, Austria, Spain, and more.

Can I make or accept recurring payments using Bancontact?

Yes, it allows you to accept and make recurring payments using SEPA Direct Debit.

What are the business locations supported by Bancontact?

Listed below are the business locations supported by Bancontact, The United States, Canada, New Zealand, Europe, Singapore, Hong Kong, Japan, Australia, Mexico

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