Paying online, via the internet, is rather complicated at the moment, says Kris De Rijck of Bancontact. "You have to insert your card number, your name, and you need device that acts as a bank card reader; you need to insert quite some figures."
Under the new system supported by Bancontact, payments are said to be perfectly safe. "Everything focuses on the app. Consumers keep control the whole time. They have their proper PIN combination and don't need another device to complete the transaction."
The application was tested by 40,000 consumers last year. The commercial launch will be in a couple of months.