Category: Mobile Payments

Many referred to mobile payments to be NFC technology but there are other avenues that many businesses are taking to keep up with this trend. For instance, some have used QR codes on bills that resolve to a mobile site enabling a secure mobile payment.

Tappy adds finger-scanning mobile payments to watch bands

Jennifer Goula
Finger-scanning mobile payments - Women wearing watch

A new battery-less biometric payment authentication system can turn a watch band into a credit or debit card. Tappy Technologies, a Hong Kong-based company, has developed a finger-scanning mobile payments authentication system that is small enough to fit inside a watch band. The system turns the watch band into a secure credit card or debit card, providing wearers with a convenient, battery-free, contactless payment solution. Tappy’s solution gives banks an alternative to sharing transaction fees with bigger tech companies. More and more consumers are becoming comfortable with using their smartwatches…

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New Taxi QR code payments service in Malaysia benefits drivers and their customers

Jesse Collins
Taxi QR Code Payments - Taxis

Touch ‘n Go announces new partnerships with EzCab and Public Cab involving QR code payments. Touch ‘n Go (TNG), the Malaysian-based contactless smart card and electronic payments system company, is helping to bring Taxi QR code payments services to both Taxi drivers and customers in Malaysia. Touch ‘n Go has partnered with two taxi services, EzCab and Public Cab, enabling customers of these companies to pay for their rides via QR codes through the Touch n’ Go eWallet app. The cashless payment method means taxi drivers will no longer have…

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Tencent QR code payment service users exceeds 50 million

L. Green
Tencent QR Code - Public Transport in China

More than 50 million users across 100 cities in China now use the QR code payments for public transportation. Tencent’s QR code payment service that it launched for public transportation “sao yi sao”, back in 2017, recently exceeded 50 million users across 100 cities, according to local media in China, reported TechNode. Tencent has placed a special focus on public transportation. Since 2017, the massive China-based internet company has set its sights on integrating its technologies into public transportation, among these technologies included Tencent QR code payments. It has also…

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QR code payment service to be offered to Thai travelers in Japan

Jesse Collins
QR Code Payment Services - Japan Tourism

A QR code-based mobile payment service is to be launched in Japan for Thai tourists. MUFG Bank, Japan’s largest bank, and its Thai subsidiary, Bank of Ayudhya, is launching a QR code payment service designed specifically for Thai travelers. This service will allow these foreign travelers to make cashless purchases in Japan. Bank of Ayudhya will link its already operational QR code system to Japan. The QR code payment system, which already exists for the Thai lender’s customers in Thailand, is slated to be connected to Japan in December of…

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Cellum reaches QR code mobile payments deal with Deloitte Touche Tohmatsu

John Montgallo
QR code mobile payments - Handshake Deal

The mobile transaction solutions company headquartered in Hungary is partnering with the Japanese giant. Cellum Group has signed an agreement with Deloitte Touche Tohmatsu LLC to launch a new QR code mobile payments service. The idea is to bring the quick response code based transactions into Japan with more widespread success. Cellum, a mobile transaction solutions company, signed the deal with one of Japan’s largest professional services firms. The two companies want to overcome the hurdles of QR code mobile payments and create a mainstream service within the country. A…

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SGQR Code launches as a universal QR Code payment in Singapore

John Montgallo
SGQR code - Singapore QR Codes - Singapore Flag

The national QR Code allows consumers to scan and transfer funds from 27e e-payment apps. SGQR code is a universal QR code that was recently launched in Singapore to give merchants the ability to accept different cashless payments without having to display multiple quick response codes. The SGQR enables consumers to scan and transfer funds from as many as 27 e-payment applications. SGQR is now ready for commercial roll out. While the fist technical specifications of the SGQR code were first unveiled in November 2017, it is only now ready…

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QR Code burger in London lets you pay by scanning its bun

L. Green
QR Code burger - Image of hamburger

Each wagyu beef burger has a QR code printed on its bun. Head to ICHIBUNS restaurant in Soho’s Chinatown, and you can order a QR Code burger. Each wagyu beef burger served at the Japanese burgers udon restaurant in London, is served to customers with a quick response bar code toasted into the top of the bun. Scan the burger bun to pay for your order. The QR code burger has been designed for mobile payment convenience and is the result of a partnership between ICHIBUNS and Zapper, a mobile…

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QR code payments slowly gain ground in Japan

Stephanie Beck
QR Code Payments Japan - Tokyo City

The pace payment growth through quick response codes has been slow in Japan. QR code payments are steadily on the rise in the country, with the number of convenience stores, restaurants and other shops slowly adopting this convenient form of payment. Still, the pace of growth has certainly been slow, and part of this reason is due to commission fees. Stores who offer the payment method typically have to cover a 3% commission fee. Cash still remains the primary payment option in Japan, but major information technology firms are working…

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Greater Change QR Codes could help homeless people in the UK

Amanda Giasson
Greater Change QR Codes - Homeless man on street

An innovative project seeks to encourage cashless donations to help those living on the streets. Greater Change QR Codes could help change the lives of homeless people in the UK for the better. At least, this is the hope of the founder of the social innovation project Greater Change, Alex McCallion, an Oxford University graduate. The quick response code allows passers-by to scan it with their smartphone and make a monetary donation to the homeless person wearing it. The project helps to integrate the homeless into an ever-growing cashless society.…

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Contactless payments to account for 1 in 3 in-store transaction by 2020, report

L. Green
contactless payments - debit machine

Payment cards and mobile wallets will reach $2 trillion in two years. Worldwide, in-store contactless payments transactions will exceed $1 trillion for the first time this year. This is according to recent data published by Juniper Research. The leading fintech analysts also estimate that, globally, in-store contactless monetary transactions will hit $2 trillion by 2020 and will represent 15 percent of the total point-of-sale transactions. Both card payments and mobile wallets are expected to drive the growing use of these payments. Even though both of these contactless payments will be…

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New QR code user ID system to be launched by SafeWallet

Stephanie Beck
QR Code user ID Security System - SafeWallet Launches Updated - cryptocurrencies

The cryptocurrency wallet is upgrading its user identification security. SafeWallet, a decentralized cryptocurrency wallet app operated by China-based Cheetah Mobile, has announced the release of a new QR code user ID system. The major security update will fully replace private keys and mnemonic phrases. The new system is the first of its kind. Until this most recent update, cryptocurrency wallet users have had to use long private keys and mnemonic phrases to back up their crypto-assets, according to a press release from Blockchain Wave Lab. These private keys and mnemonic…

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