Alipay, China's leading third-party online payment solutionAlipay, China's leading third-party online payment solution

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, users are redirected to the Bancontact web page, where users 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

Acquiring region

SG, AU, HK, EU, US

Payment flow

Redirect

Checkout Payment

✔️

Buyer country/region

Belgium

Auto Debit

Funds deduction

Real-time

Refund

✔️

Processing currency

EUR

Partial refund

✔️

Minimum payment amount

1 EUR

Chargeback/Dispute

Maximum payment amount

Unlimited

Refund period

365 days

User experience

The following screenshots show the journey of paying with Bancontact:

image

Figure 1. Payment process with Bancontact