Payconiq, a Luxembourg company that develops an electronic payment system, started its activities in Belgium in 2015. Eight years later, it has just been acquired by the Belgian EPI Company, which is developing a unified solution for instant account-to-account payments in Europe.

At the same time, EPI Company announced the acquisition of the Dutch company Currence Ideal, as well as the Luxembourg payment solutions provider Payconiq International (PQI). They are two companies that already know each other well, as in November 2021, fintech .

“EPI is delighted to welcome Currence Ideal and PQI. Together we will join forces to realise EPI’s vision as we build an innovative solution based on a new, unified instant payment scheme and platform for Europe,” said Martina Weimert, CEO of EPI.

Towards a single European brand

EPI wants to offer a digital wallet solution to cover all everyday payment uses, based on instant payment, under a single brand at European level. With its offer, the company aims to cover all usage cases: first, person-to-person (P2P) and person-to-professional (P2Pro) payments, then online purchases, and finally point-of-sale payments.

It is with this in mind that the Luxembourg fintech, which is active in the Benelux and operates in Luxembourg under the Digicash brand, is joining EPI. “Payconiq is thrilled to fast-track its mission to contribute to an innovative payment solution for consumers and businesses throughout Europe with EPI. This transition is a testament to the hard work done by the Payconiq team, the continued support of our committed shareholders over the past years and the success of our advanced payment technology and capabilities. We look forward to working with the EPI team,” said Payconiq CEO Guido Vermeent.

For Payconiq users, no changes are expected, according to both companies. “By using the Payconiq solution, Luxembourg consumers and merchants will not experience any changes as a result of the acquisition. We remain fully committed to our customers, to providing and developing the best payment solution in Europe,” added Vermeent.

This story was first published in French on . It has been translated and edited for Delano.