Bancontact, formerly known as Mister Cash, is the most popular online payment method in Belgium. Payment is completed in the customer’s own internet banking environment. It is a guaranteed payment method. In other words: the money is transferred directly and payment is irreversible.

A payment with Bancontact is similar to an iDEAL payment. The online payment process is carried out through a secure connection with the buyer’s trusted internet banking environment. The payment is completed and Buckaroo communicates the transaction status in real time.

The Bancontact debit card is a popular payment method in Belgium and the most commonly used card in this country. It lets customers make real-time card transactions to buy products and services. A Bancontact card with a PIN number is issued to customers who open a Belgian bank account. It’s linked to a customer’s current account and is accepted in most retail stores in Belgium. Many shops only accept Bancontact as a means of paying by card.

An additional advantage is that it is a direct and guaranteed payment, offering safety and security. For the buyer cannot reverse the payment.