Freedom251 › Money Transfer Apps
Payconiq
by Payconiq
What Payconiq is
Payconiq is a mobile banking payment solution for paying in stores, online and in apps, settling bills and transferring money. Payments go directly from the user’s bank account to the recipient’s account. Participating banks provide the Android and iOS apps, and an API is also listed. Named bank partners include Spuerkeess, POST Luxembourg, BIL, BGL BNP Paribas, ING Luxembourg and Raiffeisen Luxembourg. Merchant uses include point-of-sale payments, e-commerce, invoice payments and nonprofit fundraising. In stores, merchants can accept terminal, customer-screen, receipt or standalone QR-code payments, including codes with customer-defined, fixed or changeable amounts. Online checkout can use QR codes or App2App payments, with confirmation sent to the merchant’s system after bank approval. Payconiq says it works with e-commerce plugins and POS systems, without naming the plugins on its page. The bank’s app and user payments, transfers and receipts are free, excluding mobile-operator communication costs. The company says payments are migrating to Wero in 2026, after which the Payconiq brand and app will no longer be used.
Who it suits
Payconiq may suit people whose participating bank offers its app and merchants seeking bank-account payments in stores, online or for invoices. Merchant uses also include nonprofit fundraising.
What it does well
- Payments go directly between bank accounts
- Supports Android and iOS bank apps
- Offers QR-code and App2App checkout
- User payments and transfers are free
What to know first
- Availability depends on participating banks
- Mobile-operator communication costs are excluded
- Payconiq payments are migrating to Wero in 2026
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Payconiq for merchants | No subscription or installation fees; merchants pay when they receive a payment. · Commission pricing is adapted to the merchant; no fixed costs stated | On request |
As payconiq.lu lists them, read 11 Oct 2026. The maker's own page has the final word.
Verdict
Payconiq supports consumer payments and several merchant checkout methods through participating banks. Its stated move to Wero in 2026 is an important consideration for anyone choosing it.
Facts from Payconiq's own pages
- Bank partners
- The maker names Spuerkeess, POST Luxembourg, BIL, BGL BNP Paribas, ING Luxembourg and Raiffeisen Luxembourg as banks offering Payconiq to customers. · payconiq.lu, 11 Oct 2026
- Company winddown
- Payconiq says it transferred its merchant portfolio to Buckaroo from January 2026 and decided to end its payment activities and relinquish its payment-institution authorization, subject to regulatory and operational steps. · payconiq.lu, 11 Oct 2026
- Founded
- 2006 · payconiq.lu, 28 Sept 2026
- Free plan
- Yes · payconiq.lu, 22 Sept 2026
- Headquarters
- 9-11 rue Joseph Junck, L-1839 Luxembourg, Luxembourg · payconiq.lu, 28 Sept 2026
- In-store options
- Merchants can accept payments using terminal, customer-screen, receipt or standalone QR codes, including QR codes with customer-defined, fixed or changeable amounts. · payconiq.lu, 11 Oct 2026
- Integrations
- The maker says Payconiq works with e-commerce plugins but does not name them on the page; its point-of-sale page also describes integration with POS systems. · payconiq.lu, 11 Oct 2026
- Merchant uses
- The maker lists point-of-sale, e-commerce, invoice payments and nonprofit fundraising as merchant use cases. · payconiq.lu, 11 Oct 2026
- Mobile apps
- The maker says participating banks provide their own Payconiq apps through the App Store or Google Play. · payconiq.lu, 11 Oct 2026
- Mobile platforms
- both · payconiq.lu, 22 Sept 2026
- Online checkout
- Online merchants can offer QR-code payments or App2App payments, with payment confirmation returned to their system after bank approval. · payconiq.lu, 11 Oct 2026
- Payment flow
- Payments are made directly from the user’s bank account to the recipient’s account. · payconiq.lu, 11 Oct 2026
- Recipient methods
- bank · payconiq.lu, 22 Sept 2026
- Regulatory status
- Payconiq International SA says it is authorized as a Luxembourg payment institution and supervised by the CSSF. · payconiq.lu, 11 Oct 2026
- Security
- Payconiq describes itself as a banking service that meets high security and encryption standards. · payconiq.lu, 11 Oct 2026
- Support
- The maker directs consumers to their bank for general information and activation help, and says Buckaroo is the primary merchant-services contact during and after the transition. · payconiq.lu, 11 Oct 2026
- Transfer tracking
- Yes · payconiq.lu, 22 Sept 2026
- Transition
- The maker says Payconiq payments are migrating to Wero in 2026 and that the Payconiq brand and app will no longer be used after the transition. · payconiq.lu, 11 Oct 2026
- User fees
- The maker says the bank’s Payconiq app is free and payments, transfers and receipts are free for users, excluding mobile-operator communication costs. · payconiq.lu, 11 Oct 2026
- What it does
- Payconiq is a mobile banking payment solution for paying in stores, online and in apps, paying bills, and transferring money. · payconiq.lu, 11 Oct 2026
Where Payconiq stands on Freedom251
- Money Transfer Apps#38 of 81