Mentioned Companies:

Bancontact/Mister Cash Mobile Payments

The domestic debit card network in Belgium, Bancontact/Mister Cash, launched a QR-code-based mobile payment application for iOS, Android, and Windows smartphones in 2014, and at year-end 2015 more than 1.5 million Belgians were using it. Customers fund payments by linking the app to their current (checking) account. Last year in-store and online purchases of goods and services as well as person-to-person payments (P2P) were valued at $22.2 million (€20.4 million), up 429% over 2014. Bancontact app payments have a $272 (€250) daily limit, which is also the per-transaction limit. Online p...

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March 2016
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