search

Luxembourg, August 2, 2017 – Payconiq announces today that it will expand its footprint to the Grand-Duchy of Luxembourg by joining forces with Digicash Payments SA, the company behind Luxembourg’s mobile payments product Digicash. Payconiq aims to establish a strong partnership with Luxembourg banks and retailers, in order to capitalize on the substantial efforts made in recent years and to build one of the most advanced mobile payments setups in Europe. Combining forces will bring Payconiq’s international expertise and scale to the Grand-Duchy, further enhancing the consumer experience in online, on the-go and peer-to-peer payments.

Payconiq, already active in Belgium and expected to soon enter the Dutch market, is supported by ING and KBC in taking this important step. The acquisition of the thriving Luxembourg mobile payments company –the Digicash app is currently used by 25 percent of the local population– takes place under the supervision of the Commission de Surveillance du Secteur Financier (CSSF). In the short-term, Digicash users can continue to rely on the trusted payments service, which is made available in Luxembourg through local partner banks. Payconiq aims to further expand services for consumers and (online) merchants within the first six months of 2018.

Read more

Support for Luxembourg companies to find qualified talents

20-02-2024

Employment agency ADEM outlines strategies for helping companies find the best candidates and the impact of a new immigration law in facilitating recruitment.
Read more

Digital twins: towards a common Luxembourg approach

13-02-2024

Researchers in Luxembourg are using digital twin technologies to address complex challenges while contributing to the goal of creating a federated national model.
Read more

An unexpectedly good hiking destination

09-02-2024

A writer at The Times takes a ramble through Luxembourg's south and names the country "Europe's best hiking destination".
Read more

Space Resources Accelerator: ESRIC leads historic lunar initiative

02-02-2024

Luxembourg-based European Space Resources Innovation Centre has been entrusted with conceptualising the world’s first business accelerator for the lunar economy.
Read more

Breaking data barriers: Dynaccurate’s healthtech innovation journey in Luxembourg

28-01-2024

Dynaccurate’s technology harmonises data using artificial intelligence. Applications for the technology are vast, especially in health and life sciences. All sectors where precise meaning is necessary can benefit, and this can include defence, law and engineering to name a few. CEO Dermot Doyle talks about how the company innovates in Luxembourg, which provides many possibilities for research partnerships.
Read more

All news

Close