Unified QR code payments system could become serious competition for major credit cards

Unified QR code payments - figures building QR code

A new mobile payments initiative could become the leading digital payments method in Europe. Several mobile wallet companies across Europe have teamed up with Alipay to create a unified QR code payments system. These companies include Bluecode, momo pockets, ePassi, Pivo, Pagaqui, and Vipps. The adoption of this code will allow payment interoperability for travelers in Europe and from China. The idea behind the unified QR Code payments initiative is to allow users of the six European digital wallets to make QR code payments with their applications at local merchants…

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QR code payment system to be set up in Norway for Chinese tourists

QR Code payment system - qr code on smartphone

Vipps cooperates with Alipay to provide tourists from china with more convenient payment options. The joint QR code payment system will see Norwegian mobile payments app Vipps cooperate with Chinese mobile payment app Alipay to allow Vipps payment to be used outside Norway as well as open up the system for mobile payments by Chinese tourists visiting the nation. Chinese tourism to Norway has soared since 2007. Between 2007 and 2017, Chinese tourism to the Nordic country has climbed a whopping 575%, according to national development bank Innovation Norway. The…

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