The Payconiq payment solution allows your smartphone to retrieve the information needed to initiate a payment from your bank account to the merchant. These data can be either encoded in a QR Code (Quick Response Code *) or issued by Payconiq Beacon terminals through Bluetooth Low Energy or NFC (Near Field Communication) technologies.

After having retrieved the information necessary for the payment, confirm it with your Payconiq-specific PIN (Personal Identification Number) or by means of your fingerprint, to authorize the payment from your bank account. The operation is confirmed on your phone’s screen and the merchant receives the confirmation. To view a demonstration video, click here.

*QR Code is a registered trademark of Denso Wave Incorporated.