How does Bancontact work?

In Belgium, customers of several banks can pay using Bancontact. Consumers have a physical card that is linked to their bank account. They can pay using an app or a card reader. You can activate Bancontact as a payment method in your Mollie Dashboard. You pay € 0,39 for every successful transaction.

 

Activating Bancontact

  1. In your Mollie Dashboard, go to Settings > Website profiles.
  2. Select Payment methods.
  3. Choose Bancontact.

 

Why use Bancontact?

A payment using Bancontact is confirmed immediately and is guaranteed. This means that the customer is not able to withdraw the payment. In addition, using Bancontact is 3D Secure.