Belgian banks roll out mobile payments app that supports both NFC and QR codes

A mobile payments app that supports contactless payment via NFC and both static and dynamic QR codes has been launched in Belgium. Payconiq by Bancontact enables debit card holders to make payments in store and online and transfer money direct to their contacts using a single app, regardless of the type of smartphone they use. The app has launched following the merger of peer-to-peer payments service Payconiq and Bancontact, Belgium’s national debit card network operator.