Paynovate has just launched Payconiq across its European and UK payment terminals.
The company’s merchants will now be able to offer Payconiq alongside other schemes including VISA, V Pay, Mastercard, Maestro, Bancontact, Monizze, UnionPay, Edenred and Sodexo.
Thanks to Payconiq, customers are able to make seamless mobile payments. Customers simply scan the QR code that is displayed on the terminal with their Payconiq by Bancontact app and confirm the amount.
This solution connects the digital and physical worlds with a single in-store payment journey based on our terminals use dynamic QR codes, meaning a new QR code is generated for each transaction. The terminals do not support static QR codes. Moreover, it seamlessly integrates with Loyalpay terminals.
Benjamin Beeckmans, CCO at Paynovate, said: “The launch of Payconiq is part of our continuous deployment of new products, services and innovations that will help our merchants increase profitability and improve business efficiency.
“This is an exciting time for the payments industry and merchants, and their customers now have a wide choice of payment options and services. This reflects a move towards greater choice and flexibility for all.”
The Payconiq payment method will be deployed on Paynovate’s Android 9220 and 5310 payment terminals.
Payconiq has proven to be a modern payment infrastructure with scalable, real-time payment solutions across the entire omnichannel experience. It places the user experience at the heart of the payments journey with the latest account-to-account payment technologies.