China qr code payments Archives

QR codes offer Tencent a fresh opportunity in Southeast Asia

05/17/202405/16/2024 Stephanie Beck

QR Codes - Payments - Southeast Asia Map

The quick response barcodes offer a new way for the Chinese company to expand in mobile payments. Tencent is looking to QR codes as a strong opportunity to expand its mobile payments system throughout more of Southeast Asia, using its WeChat Pay. The Chinese giant’s digital wallet is already ubiquitous domestically Tencent spoke at the edge of the Money 20/20 conference this year on the subject of technology in Asia. There, a company exec said that by linking QR code mobile payment systems cross-border, WeChat Pay – called Weixin Pay…

QR code accidentally shared online leads to $60,000 restaurant bill

01/12/202401/11/2024 Stephanie Beck

A woman in China mistakenly posted the quick response barcode online, letting others place orders. A woman living in China was understandably shocked, when she received a bill for about US$60,300 (430,000 Chinese yuan), after having accidentally shared the ordering QR code online, giving others the ability to place food orders on her tab. The woman was posting pictures on WeChat and mistakenly included the table’s ordering barcode. Though the woman’s intention was only to share pictures of the food she had ordered at the hotspot restaurant when she and…

Scanning QR codes were transaction choice of 85 percent of Shanghai Metro riders

02/04/202102/03/2021 Stephanie Beck

Last year, the vast majority of tickets at the city’s Xujiahui Station were purchased through barcodes. Mobile payment has seen substantially better adoption in China than in much of the western world, as scanning QR codes has become the method of choice to pay for many types of purchase. This was reflected in the data from subway riders in Shanghai throughout 2020. This data revealed that 85 percent of subway riders at Xujiahui Station in the Shanghai Metro preferred scanning QR codes to pay for their tickets. This was revealed…

One metro QR code gives riders access to three metro systems

04/16/201904/12/2019 L. Green

Riders of the Shanghai, Hangzhou & Ningbo metros can access all three with one quick response code. Metro QR code payments are nothing new in China. As QR Code Press reported back in 2017, Shanghai Metro first introduced these unique codes to their Metro Daduhui app to allow riders the ease of scanning to pay for their trips. Now, this convenient service has extended to both Hangzhou and Ningbo. Shanghai Shentong Metro Group developed partnerships with the other two metros. Under the guidance of a national strategy that called for…

QR codes payment tech increasingly adopted by Japan to cater to Chinese tourism

03/27/201903/26/2019 Jennifer Goula

Japan is making an effort to adopt the preferred payment method of their most frequent visitors. Cashless payments are huge in China and now Japan is focusing on incorporating QR codes payment tech into more of its businesses that attract its growing number of Chinese tourists. This is a big step as currently most of the nation’s restaurants and operators of activities and attractions do not accept the preferred payments of Japan’s largest foreign tourist population. QR codes are quickly overtaking other payment options in Japan. Credit cards with computer…