A first for Belgium: PayPal integrated in KBC Mobile Banking
KBC customers can consult their PayPal account via KBC Mobile; as the bank continues to play its role as a pioneer of multi-bank applications.
KBC is the first bank in Belgium to introduce multibanking in its mobile banking app by allowing customers to consult the balance of private and professional current accounts with other banks from KBC Mobile. So far, 15,000 customers have linked an account with another bank to their KBC Mobile app.
“Consulting and using all financial data in one app is a clear question from our customer and the integration of PayPal shows that we look beyond the traditional accounts. Customers can now not only follow the purchases they bought with the familiar KBC or Bancontact payment button, they can now also follow up on their PayPal account. We do this with great respect for the privacy of our customers and the protection of the data they entrust to us.” – Director, Digital Transformation Division Belgium KBC, Karin Van Hoecke.
KBC Mobile users have had access to bank accounts with Argenta, Belfius, BNP Paribas Fortis and ING since the end of March 2018. Other banks will be added as soon as they have taken the necessary technical steps to make the link possible.