Bancontact
Founded in 1979, Bancontact is the most popular payment method in Belgium. Every Belgian bank account holder is eligible for a Bancontact card, which can be linked to frequently used bank accounts. When paying with Bancontact, buyers are redirected to the Bancontact web page, where buyers can directly enter the Bancontact card number to pay.
Properties
The properties of the Bancontact payment method are shown in the following table:
Payment type | Online banking | ||
Acquirer | AlipaySG, AlipayEU, AlipayUS | Merchant entity location | SG, AU, HK, EU, US |
Payment flow | Redirect | Refund | ✔️ |
Buyer country/region | Belgium | Partial refund | ✔️ |
Processing currency | EUR | Chargeback/Dispute | ❌ |
Minimum payment amount | 1 EUR | Refund period | 365 days |
Maximum payment amount | Unlimited | Time to return payment result | Real-time |
Supported integrations | ✔️ API-only ❌ Hosted Checkout Page ❌ Embedded Checkout Page ❌ Mobile Element ❌ Web Element ❌ Payment links | ||
User experience
Note: The following payment flows on different terminals are reference only, and represent this payment method's flow on different terminal types. For supported merchants' terminal types, consult Antom Technical Support.
The following graphic shows the journey of paying with Bancontact:
- The buyer selects Bancontact to pay.
- The buyer enters the payment page and selects the available Bancontact app.
- The buyer selects the specific app to pay.
- The buyer completes the authentication and logs into the app.
- The buyer confirms the payment result.
- The buyer is redirected to the merchant result page.