How It Works
- Users have a Bancontact card linked to their Belgian bank account.
- For online payments, they are redirected to their bank’s secure environment to authorize the transaction.
- For in-store payments, they use their Bancontact card at POS terminals.
Payment Method type
Users can use the below payment method type to create a transaction using Bancontact in the available geography- Belgium:
bancontact_eur
Functionality
| Functionality | Yes/No | Description |
|---|---|---|
| Refund Support | ||
| Full Refund | ✅ | |
| Partial Refund | ✅ | |
| Generally Available | ❌ | Requires onboarding approval which takes about 7-10 days. |
| Dispute and Chargebacks | ✅ |
Limits and Expiration
The following is the upper and lower limits for Bancontact transactions:- Minimum Limit: USD 0.01
- Maximum Limit: USD 15000