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    Bancontact and Payconiq Belgium to merge

    © Belga
    Paying online using Bancontact will soon be less complicated. Credit: Belga
    © Belga

    Bancontact Company and Payconiq Belgium announced on Tuesday their intention to merge and form a single company. The company will be known as ‘Bancontact Payconiq Company’. The shareholders of both companies signed an agreement to effect the merger yesterday.

    The merger, “which promises the best of both worlds for consumers and shopkeepers”, may possibly be finalized by the end of the second quarter of this year.

    Oscar Schneider
    The Brussels Times