EMVCo has created a unique royalty-free QR payment mark. This QR Payment Mark has been created for the purpose of promoting global interoperability across EMV QR code payments, according to a recent EMVCo press release. All implementers of EMV QR Code solutions can use the mark. EMVCo developed reproduction requirements as well as a free licensing structure for the mark. This enables it to be used by all who want to implement EMV QR code payments. The machine-readable quick response barcodes have grown in popularity over the years and are…
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EMVCo publishes new QR code standard for mobile payments
The payment standards body released a new publication to provide technical specs for the use of quick response codes. EMVCo recently published the “EMVCo QR Code Specification for Payment Systems: Consumer-Presented Mode” as a QR code standard ahead of moving toward their use. The publication provides a definition of the way quick response codes function as a single-direction communication between a mobile app and the point of interaction. This represents the first official step forward for EMVCo when it comes to QR codes. EMVCo is a payments standards body. It…
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