EMVCo publishes new QR code standard for mobile payments

qr code standard mobile payments

The payment standards body released a new publication to provide technical specs for the use of quick response codes. EMVCo recently published the “EMVCo QR Code Specification for Payment Systems: Consumer-Presented Mode” as a QR code standard ahead of moving toward their use. The publication provides a definition of the way quick response codes function as a single-direction communication between a mobile app and the point of interaction. This represents the first official step forward for EMVCo when it comes to QR codes. EMVCo is a payments standards body. It…

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