QR code payments could break $3 trillion in 3 years

QR code - Paying via QR code

A new Juniper Research forecast suggests that the mobile transactions will reach the milestone by 2025. QR code payment trends have shown that the transaction method is taking off, even if it has experience broken global growth over the last few years. Quick response barcodes have been used for payments far more in some regions than in others. The low-cost, easily recognizable and simple to use technique of QR code payments have high appeal to many merchants and consumers globally. Though the popularity differs from one region to the next.…

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Alipay app for tourists: foreign visitors in China can now use popular mobile payments

Alipay app for tourists - Shanghai

Alipay and WeChat pay are widely used in China and now travelers to the country can use them, too. Taking a trip to mainland China? You might be glad to know that there is a WeChat pay and Alipay app for tourists now available. Alibaba and WeChat announced that travelers to the country will be able to link their international cards to their payment apps. This move will make it more convenient for tourists to buy goods in China. Prior to the roll out of these mobile payment options for…

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Top restaurant in Chicago to embrace WeChat Pay

WeChat Pay - Restaurant

Steak 48 will be adding mobile wallet payments to its payment options. To accommodate the number of Chinese tourists visiting its restaurant, Steak 48, one of Chicago’s top restaurant brands, plans to accept WeChat Pay starting July 1st. All Prime Steak Concepts brands will support the payment platform. WeChat Pay is one of the largest mobile messaging and payment platforms in the Chinese sector and the world. With millions of tourists and business travelers coming from China to shop at stores and enjoy a meal at restaurants in North America,…

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

QR Code ad - Wall of QR codes

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…

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Facebook payments to come to WhatsApp in the future

Facebook Payments - Facebook logo on mobile phones

The social media giant is reportedly seeking to enter the mobile payments space with its own cryptocurrency. Facebook payments may be around in the not too distant future. The social networking company is jumping on the cryptocurrency bandwagon and is reportedly developing its own digital currency called Facebook Coin. The company’s supposed goal, reports CNBC, is to allow users of its cryptocurrency to transfer money through WhatsApp. Facebook’s move would mimic China’s popular WeChat Pay. The Facebook Coin, which would be attached to the US dollar, and would allow users…

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