On Thursday 22 September 2022, Luxembourg headquartered Payconiq International SA, together with Bancontact Payconiq Company, announced the release of a new app-based digital meal voucher solution.

Already launched in Belgium and soon in Luxembourg, the app-based solution makes the acceptance of in store meal voucher payments possible without needing a payment terminal.

Consumers can add their meal vouchers to the Payconiq by Bancontact app, to make faster voucher payments, check their voucher transaction history and monitor their voucher balance. The new solution will make voucher brands to connect with customers via their mobile device, streamlining the buying experience and add extra services.

Over two million employees in Belgium currently receive meal vouchers as part of their work remuneration as a tax-free benefit from their employer, traditionally using a dedicated payment card. With this new solution, employees can add these as new methods of payment to the Payconiq by Bancontact app and use them as any other form of digital payment, paying by QR code.

Guido Vermeent, CEO of Payconiq International: “Meal vouchers are undoubtedly one of the most widespread, well-loved, and important employee benefits in Belgium and Luxembourg. Our goal with digitising vouchers and prepaid card payments is to enable our partners to give their clients, the best payment experience possible for this crucial service. We’re committed to making payments smart, simple, and flexible, to enable our partners to provide innovative value-added services like digital meal vouchers or hybrid payment options.

The Payconiq by Bancontact app is constantly evolving and innovating with new features. The features for sharing a restaurant bill, buying bus or train tickets, donating money to a good cause, etc. are already in place. Now comes the ability to pay with meal vouchers,” sayid Nathalie Vandepeute, CEO of Bancontact Payconiq Company. “This is another way to make life easier for our users. We’re convinced that not just consumers, but merchants will benefit from meal vouchers being included in the Payconiq by Bancontact app, helping them accept the vouchers without the need for a payment terminal.”