Bancontact is a Belgium payment scheme and is the Belgian market leader when it comes to electronic payments, with over 15 million Bancontact cardholders. More than 80% of Belgian webstores allow payments through Bancontact. When using bancontact to pay online, customers transfer money directly from their bank account, through the familiar Bancontact online banking product. This guarantees a successful payment that can’t be reversed by the customer. As a merchant, you receive instant confirmation of the status of the payment, which means you can continue processing the order immediately.