How do I integrate Bancontact + Payconiq into Magento, and why is it required?

Bancontact is Belgium’s dominant local-pay scheme, 30%+ of all Belgian online checkouts (some segments push past 50%). It co-badges with Maestro on most Belgian debit cards, so without Bancontact acceptance, a huge slice of Belgian shoppers either bounce or pay with reluctance via Visa / Mastercard. Payconiq (a Bancontact sister product owned by Belgian banks) adds QR-code + push-to-phone mobile payments, ubiquitous in retail + restaurants, fast-growing in e-commerce.

To accept Bancontact + Payconiq in Magento 2, the simplest routes are:

• Mollie, the most-used PSP for Belgian e-commerce. Bancontact + Payconiq native, free Magento 2 module, KBC / Belfius / ING bank-wallets included.
• Stripe BE, Bancontact + Payconiq supported via the unified payment intent API. Good if you’re multi-country (BE + NL + FR + DE).
• Adyen, enterprise-grade, full BE rail coverage including KBC Payment Button.
• Worldline / Ingenico, legacy bank-direct route, used by big Belgian retailers + B2B.

We configure the PSP, enable Bancontact + Payconiq in checkout, and verify with BE-issued test cards (Bancontact issuer ranges from KBC / BNP Paribas Fortis / Belfius / ING).