QR codes taken on by Suncorp Bank because of Apple

qr code transactions mobile payments wallet tablet

Though the direction that the financial institution had been taking was NFC technology, this has changed. Suncorp Bank has now announced the official launch of a new mobile banking app feature for both iPhones and Android smartphones, which is a service that uses QR codes called QuickShare. This new feature will allow users to use quick response codes or SMS for account detail transmission. This will make it possible for users to take advantage of the simple and familiar technology of SMS and QR codes in order to scan a…

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