Two leading Belgian apps join forces

The Payconiq by Bancontact app can now be (re)installed with the itsme® app. It’s fast, easy and just as secure as ever.

The Payconiq by Bancontact app and the itsme® app have long become an integral part of the daily lives of Belgians. It was only a matter of time before these two national players got together and formed a partnership. As a result, itsme® now makes it possible to install the Payconiq by Bancontact app quickly and securely on your smartphone. This applies both when new users install the app for the first time and when the app is being reinstalled by existing users – for example when they purchase a new smartphone.

Simplified procedure

The current procedure for (re)installing the Payconiq by Bancontact app involves a number of stages. Users are required to validate their e-mail address and telephone number separately by way of a code, which is done by e-mail and text message respectively. This may cause confusion for some people if they don’t distinguish clearly between the code sent by e-mail and the one sent by text message and so enter the same code twice. Incorporating itsme® makes it possible to cut out one or even the two intermediate stages, because the identity app already knows among others your telephone number. Installation with itsme® is just as secure as the current manual method.

“Our users had been asking for a long time now why they couldn’t install the Payconiq by Bancontact app with itsme®,” said Nathalie Vandepeute, CEO of Bancontact Payconiq Company. “It’s true that these two apps are the embodiment of simplicity and ease of use. A recent market survey confirmed that being able to identify themselves using itsme® was high on the wish list of our users. So, by working together, we are now making it even more simple to install or reinstall the app.”
“Installing the app using itsme® means users can skip some of the intermediate steps, such as the verification codes and validation links,” added Stephanie De Bruyne, CEO of itsme®. “Which is precisely the aim of our identity app: to make digital identification as smooth and secure as possible.”

Nothing changes…

For anyone who doesn’t use itsme®, it is still possible to install the Payconiq by Bancontact app using the current method, which continues to exist. itsme® merely becomes an additional alternativemethod of installation. Once the Payconiq by Bancontact app is installed on your smartphone, itsme® is no longer necessary. The payment app is used as before: for example, all you need to do is scan a QR code, confirm a payment by facial recognition, digital fingerprint or PIN code and that’s it!

Adding a new bank card or linking a bank account to the Payconiq by Bancontact app continues to be done using a card reader, but some banks also offer the ability to do it using itsme®.

As part of our ongoing efforts to improve the overall customer experience, your bank cards are now saved (which is a new feature) when you are required to reinstall the Payconiq by Bancontact app. This means you don’t have to add them manually any longer – which is proof, if any was required, that Bancontact Payconiq Company continues to have a constant eye for detail when it comes to improving the app and making it more user-friendly than ever.

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About itsme

About itsme®

Since 2017, the itsme® app has been the simple and secure reference for mobile identification and privacy protection in the digital world. Today, itsme® has more than 7 million users and is adopted across more than 20 different sectors. With itsme®, users can: identification (create a new online account and share identity details), authentication (secure and personal access to a website or application), approval of transactions (confirm a purchase or bank payment), electronically sign documents with legal validity (qualified electronic signature with the highest level of assurance), and, finally, share data from an authentic source with a third party (data sharing). These various functionalities account for an average of 35 million itsme® actions per month, or more than 1 million itsme® actions per day.

itsme® was recognized as a digital identity by the Belgian government in January 2018 and at the European level in December 2019 (LOA high eIDAS). The application is widely used in the financial sector as it complies with PSD2, FATF, and GDPR regulations and has obtained ISO27001 certification.

itsme® was developed by the Belgian Mobile ID consortium, which brings together seven leading players from the Belgian banking and telecommunications sectors: Belfius, BNP Paribas Fortis, KBC/CBC, and ING on one side, and Orange Belgium, Proximus, and Telenet on the other. In mid-2021, for the first time since the identity app’s launch, a government fund became a shareholder, acquiring a 20% stake: the Federal Participation and Investment Company (FPIM). Additionally, six other shareholders contributed extra capital, with the aim of taking further steps towards a European digital identity.

Today, the app is available in 16 European countries: Belgium, Denmark, Estonia, Finland, France, Germany, Iceland, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Sweden, Spain, and the United Kingdom.