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
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…
Read MoreiZettle rolls out POS QR codes for British merchants
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…
Read MoreCVS to use pharmacy QR code to accept PayPal and Venmo payments
Customers can now use a touch-free digital checkout process at 8,200 of the store’s locations. CVS Pharmacy, CVS Health’s retail division, announced that customers can use pharmacy QR code payments to check out touch-free using PayPal or Venmo. The barcodes are available to be used at 8,200 of the retailer’s standalone locations across the country. These pharmacy QR code payments make it possible for customers to shop in-store and pay for their items without having to sign a receipt or come in contact with a keypad. This allows them to…
Read MoreSuper Value and MobileAssist unveil Bahamian QR code payments
The collaboration is mean to make it easier for shoppers in the Bahamas to purchase their groceries. Mobile Assist, a financial technology provider in the Bahamas, is working with Super Value to provide shoppers with a Bahamian QR code payments option for cashless transactions while buying their groceries. The partnership has made it possible for consumers to skip the use of cash when buying their food. MobileAssist released a statement about the Bahamian QR code payments partnership, explaining that it provides consumers with more transaction type options at the checkout…
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