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Belgian mobile-payment company Payconiq is set to acquire Luxembourg's Digicash Payments, a fintech startup developed in the Grand-Duchy from 2010 as part of a government-supported initiative.
The Digicash system works in partnership with banks, shops, insurers and energy providers, among others, and its mobile app is used by one-quarter of the Luxembourg population.
The system enables users to pay in shops without the need for a card reader, a card or the incurrence of any additional fees, to transfer money to another account and to pay bills.
With the acquisition, Payconiq, already active in Belgium and soon the Netherlands, will be active across the whole of the Benelux region.
Learn more / En savoir plus / Mehr erfahren:
http://www.scoop.it/t/luxembourg-europe/?&tag=Digicash
Belgian mobile-payment company Payconiq is set to acquire Luxembourg's Digicash Payments, a fintech startup developed in the Grand-Duchy from 2010 as part of a government-supported initiative.
The Digicash system works in partnership with banks, shops, insurers and energy providers, among others, and its mobile app is used by one-quarter of the Luxembourg population.
The system enables users to pay in shops without the need for a card reader, a card or the incurrence of any additional fees, to transfer money to another account and to pay bills.
With the acquisition, Payconiq, already active in Belgium and soon the Netherlands, will be active across the whole of the Benelux region.
Learn more / En savoir plus / Mehr erfahren:
http://www.scoop.it/t/luxembourg-europe/?&tag=Digicash