In May 2014 Bancontact launched their updated application, including P2M (peer-to-merchant) functionality. The aim of their application is to improve the user experience for online and mobile payments. The big advantage of the application is that the consumer doesn’t need to use his card and card reader to authorize the payment.
Paying via the application can be done in two ways:
- Scanning a QR (Quick Response) code with the Bancontact application.
- Redirection from the payment page to the application (if the application is installed on the same device as the one used to complete the payment.
After that, the consumer only has to confirm the payment by entering the PIN code he configured in the application.
In a first period the application allows payments up to € 500 per transaction and up to € 500 per card per day.
> Hereafter we describe the implementation of the Bancontact Mobile solution on the Ingenico ePayments payment page (e-Commerce mode). It is assumed that the reader has knowledge of integration with Ingenico ePayments e-Commerce.