Harnessing the Power of Contactless Payments for Your Retail Business

Harnessing the Power of Contactless Payments for Your Retail Business

The COVID-19 pandemic has majorly affected many industries and the retail industry is no exception. Retail businesses heavily rely on cash transactions and other payment methods that involve physical contact. Social distancing and other restrictions created big trouble for both consumers and retailers. Thanks to the latest technology of contactless payment that made it easier for retailers to offer a safe and advanced payment solution to their customers.  The trend of mobile payments is gaining popularity and has now become an important part of the retail industry. Businesses that are…

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Contactless mobile payments will see use by 100 million Americans this year

Contactless mobile payments - Image of Google Pay

The pandemic has caused a sharp change in favor of the contact-free transaction methods in the US. Efforts to slow the spread of COVID-19 are being attributed to the trend toward the use of contactless mobile payments in the United States. Consumer shopping behaviors have altered to avoid touching commonly used surfaces. Before the pandemic, the adoption of contactless mobile payments had bee slow and gradual when compared to many other countries around the world. Consumers were satisfied with the convenience of using their credit and debit cards and didn’t…

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QR Codes Rising Across Application Industry During Pandemic

QR Codes Rising Across Application Industry During Pandemic

QR codes are rising across the application industry during the pandemic. In 1994, the Quick Response (QR) code evolved from typical scanning barcodes. Notably, the QR code is nearly 10 times faster than the original barcode. At first, QR codes were mainly available as mobile applications on smartphones. However, this robust tech is now used for numerous services, processes, and procedures across the world. As a mobile application developer, it is essential to understand why the QR code is so prevalent in the industry today. This way, you can build…

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QR code payments at PayFast up by 412 percent

QR code payments - Transaction

The digital payment processing company based in Cape Town has seen an explosion of barcode use. PayFast, a digital payment processing service based in Cape Town, South Africa, has reported a rise of 412 percent in its QR code payments. These transactions were processed via Masterpass from March 2020 through February 2021. The extreme growth trend is seen as the result of the pandemic’s instant need for contact-free transactions. The rise in QR code payments, usage in general and scans has risen quickly as the pandemic required businesses and consumers…

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iZettle rolls out POS QR codes for British merchants

POS QR Codes - payment via QR code

The PayPal-owned business introduced the mobile payments options in the United Kingdom. PayPal has launched new POS QR codes for mobile payments through the iZettle app. The idea is to make it easier to achieve contactless, secure transactions in the United Kingdom in the midst of restrictions due to the COVID-19 pandemic. The new quick response code-based point of sale option provides small businesses with new options. “Small businesses need access to commerce tools that help them sell securely and meet their customers wherever they are — in-store, online and…

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