16 December 2017
visit www.avoka.com

ING and KBC create unified payments and loyalty platform in Belgium

06 July 2016  |  7268 views  |  0 ING Payconiq

ING and Belgian bank KBC have joined forces to launch an integrated mobile payments and loyalty platform in Belgium, combining the Dutch bank's payment app Payconiq with loyalty platforms Qustomer and KBC’s CityLife.

Last year, ING developed payment app Payconiq and also bought loyalty platform Qustomer, while KBC worked with CityLife, a loyalty platform that enables buyers to save for a personal goal or a good cause, and added its own mobile payment app to the platform.

Qustomer enables consumers to save and spend loyalty points in shops, using a physical card with a QR code or a smart phone. Currently, one million users and 2,600 retailers in Belgium take part, while ING's Payconiq is accepted at 3000 high street stores. CityLife, meanwhile, was co-founded by KBC in 2015 as a loyalty platform that is currently active in the Flanders region of Belgium.

The forthcoming integration between the two will create a unified mobile payments and loyalty platform that is already used by over a million Qustomer, CityLife and Payconiq consumers and 6,500 retailers.

Rik Vandenberghe, CEO ING Belgium, says: “The tremendous customer feedback about both Payconiq and Qustomer strengthens our conviction that as a bank we constantly have to innovate. And as far as innovation is concerned, we strongly believe in the power of cooperation. This cooperation helps us introduce outstanding digital services in Belgium.”
KeywordsEFTPOS

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

ING bangs the drum for DevOps

ING bangs the drum for DevOps

04 July 2016  |  16723 views  |  0 comments | 22 tweets | 35 linkedin
ING Belgium collaborates with Finnish startup Zervant

ING Belgium collaborates with Finnish startup Zervant

01 June 2016  |  7885 views  |  1 comments | 7 tweets | 13 linkedin
ING takes startup path as top banks reap innovation rewards

ING takes startup path as top banks reap innovation rewards

10 May 2016  |  22942 views  |  0 comments | 51 tweets | 49 linkedin
Following Dutch thumbs up, MasterCard preps major selfie payments roll out

Following Dutch thumbs up, MasterCard preps major selfie payments roll out

22 February 2016  |  13201 views  |  1 comments | 3 tweets | 2 linkedin
ING activates mobile payments for Dutch Android users

ING activates mobile payments for Dutch Android users

03 December 2015  |  8036 views  |  2 comments | 7 tweets | 9 linkedin
ING Belgium offers fast track to crowdfunding for business clients

ING Belgium offers fast track to crowdfunding for business clients

15 October 2015  |  6020 views  |  1 comments | 17 tweets | 9 linkedin
ING opens Belgium fintech accelerator; mistakenly blocks Dutch user from bitcoin

ING opens Belgium fintech accelerator; mistakenly blocks Dutch user from bitcoin

17 July 2015  |  8644 views  |  0 comments | 6 tweets | 3 linkedin
Bank-backed QR code-based mobile payments app launches in Belgium

Bank-backed QR code-based mobile payments app launches in Belgium

08 December 2014  |  14257 views  |  3 comments | 10 tweets | 5 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.atos.netvisit www.niceactimize.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10341 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
9774 views comments | 17 tweets | 36 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7039 views comments | 19 tweets | 20 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6434 views 0 | 4 tweets | 2 linkedin
Nordea takes Open APIs into live productionNordea takes Open APIs into live productio...
6092 views comments | 5 tweets | 26 linkedin

Featured job

Competitive package
New York City, NY - USA

Find your next job