OCBC Bank introduces QR code cash withdrawals to customers

QR Code cash withdrawals - ATM money

Customers of Singapore’s OCBC Bank can now withdraw money using QR Codes. OCBC Bank customers can now make QR code cash withdrawals at OCBC ATM machines. By simply scanning a code with their phone, they can withdraw cash without having to use an ATM card or PIN. This new system offers better security to bank customers. In order to make QR code cash withdrawals, customer will need OCBC’s Pay Anyone app. Using the app, they can scan a quick response code displayed on the screen of the ATM. After scanning…

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Required mobile text verification could exclude some consumers from shopping online

Mobile text verification - mobile phone and laptop

HSBC requires customers to have a registered mobile phone to verify future online card payments. UK consumers who don’t own a mobile phone or who fail to get a mobile signal at home, could be out of luck when it comes to online shopping. The reason is mobile text verification is becoming a growing norm. Banks, such as HSBC, are increasingly requiring their customers to verify online payment via text for security reasons. HSBC has informed its customers that they will need to register a mobile phone to enable the…

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Special QR code packaging to improve product security

QR code packaging - QR Code on color grid with magnifier

A Korean company seeks to patent a new QR code printing technology. Anycos a company based in Korea that manufactures plastic packaging materials for food, cosmetics and pharmaceuticals, has developed a high speed printing technology for QR code packaging. The company is now seeking a patent for the high-speed printing tech that helps to prevent copycat products. Anycos’ quick response codes help to provide authenticity tracing. Korea’s market for plastic packing has increased due to the upswing of online shopping, home deliveries and home meal replacements. In fact, according to…

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Ghana Universal QR code to roll out to help speedup use of digital payments in country

Ghana Universal QR Code - Ghana Flag

Ghana becomes latest nation to announce upcoming launch of a universal QR code payment system. A Ghana universal QR code will be rolling out across the West African nation later this year. The country’s government wants to push the adoption of digital payments and hopes the universal quick response code-based payment system will help. The goal is to make it easier for businesses to accept electronic payments. The Ghana universal QR code, which is planned to be introduced in the fourth quarter of 2019, was announced by Ghana’s vice president,…

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Unique WeChat QR codes give business clients a way to access more customer data

WeChat QR Codes - Produce with QR codes

Tencent wants to focus more on its business clients than its users. A unique kind of WeChat QR codes are being rolled out as part of a new service that gives business clients the chance to use these codes on every single one of their products. This will allow Tencent’s business clients access to more data on each of their customers. The service will provide companies with better tracking data. The WeChat QR codes are part of Tencent’s latest move to focus on business clients, rather than its users. The…

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