Belgium’s Payment Landscape Evolves: Payconiq Transitions to Wero
Hey Digital Banking Fanatic!
Bancontact Payconiq Company has announced it will introduce the European payment app Wero to Belgian merchants while maintaining its existing app under a new name. The Payconiq brand will disappear by the end of 2026, but its app will continue to operate with updates.
Wero, developed by the European Payments Initiative (EPI), aims to enable pan-European instant payments. In Belgium, it has already been integrated into the apps of the country’s four major banks and will gradually replace Payconiq for QR code-based payments. However, for consumers, little will change—existing functionalities will remain, and Bancontact transactions will still be supported.
More updates from the payments industry await you below! 👇
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