Payment Methods in Belgium: How to Send Money Abroad with PandaRemit

Introduction

Belgium is a modern European country with a well-developed financial system, blending traditional cash usage with advanced digital payment solutions. Understanding payment methods in Belgium is essential for locals, expatriates, and businesses.

For those who need to send money abroad, PandaRemit provides a secure, fast, and cost-effective international remittance service from Belgium.

Why Payment Methods Matter in Belgium

Belgium’s economy relies on a combination of cash, card payments, and digital solutions. Residents need versatile options for daily expenses, while international transfers are critical for families, students, and businesses. PandaRemit addresses this need by offering a reliable and low-cost way to send money internationally.

Country Stats

• Population: ~11.7 million

• GDP (USD): $688 billion

• Currency: Euro (EUR)

Country Overview Table

Main Local Payment Methods in Belgium

1. Cash

Cash is still common for small transactions, local markets, and cafés, though digital payments are increasingly dominant in urban areas.

2. Credit and Debit Cards

Visa and Mastercard are widely accepted. Contactless payments are standard, and cards are the preferred method for larger purchases.

3. Mobile Wallets and Online Banking

Apps such as Payconiq by Bancontact, Apple Pay, Google Pay, and local bank apps are growing in popularity, especially for quick online and in-person transactions.

4. Bank Transfers

SEPA bank transfers are widely used for salaries, bills, and recurring payments. Online banking platforms facilitate easy domestic transactions.

International Transfers from Belgium

While domestic payments are covered by cash, cards, and mobile wallets, many Belgians need to send money abroad—to family, students, or business partners. Traditional bank transfers can be costly and slow.

PandaRemit offers a modern solution:

• Lower fees compared to traditional banks

• Fast transfer times, sometimes within minutes

• Secure, regulated transactions, ensuring peace of mind

With PandaRemit, sending money internationally from Belgium is simple, safe, and affordable.

How to Pay in Belgium 

FAQ

1. Is PayPal available in Belgium?
Yes, PayPal is available, though many residents prefer cards or bank apps.

2. Are credit cards widely accepted?
Yes, most retailers, restaurants, and online platforms accept major cards.

3. Do people still use cash?
Yes, cash remains relevant, especially in smaller shops and rural areas.

4. How can foreigners pay easily in Belgium?
International cards, SEPA transfers, and mobile wallets are convenient options.

5. How to send money internationally using PandaRemit from Belgium?
Sign up on PandaRemit, select the recipient country, enter the recipient’s details, and complete payment securely using your preferred local payment method.

Conclusion

Belgium offers a mix of traditional and modern payment methods, from cash to cards and mobile wallets. While daily domestic payments can rely on these local options, for sending money abroad, PandaRemit is the recommended solution, providing secure, fast, and affordable international transfers.