The Reserve Bank of India is stopping the nation’s payment system operators from issuing its proprietary barcodes. The Indian banking regulator, the Reserve Bank of India, has announced that it is banning the generation of new QR codes that would have been the foundation of a new mobile payments system in the country. The regulator has stated that the new proprietary quick response codes will no longer be permitted. The national payment system is no longer allowed to issue new QR codes from its proprietary format for the purpose of…
Read MoreTag: new qr codes
QR codes aren’t just breaking records for being big
Though much attention has been given to quick response barcodes that are huge, now there is a microscopic version. Those who love attention for breaking records have seen QR codes as a natural and attractive challenge, but now there are competitors at the other end of the scale, as microscopic versions start to join the mobile commerce industry. These tiny barcodes have been referred to as microtaggant labels and are exceptionally tiny. A microtaggant is a particle that is used for microscopic identification for either the tracking or the prevention…
Read MoreBrainstorming new and innovative ways to do business
This year’s SXSW conference has played host to a number of exciting innovations in the mobile technology sector. Mobile technology has come a long way in a relatively short amount of time. With the advent of QR codes and other data matrix platforms, smart phones have become a vital part of everyday life. With the rate at which this technology is advancing, it should come as no surprise that nine guys on a bus were able to launch a startup in less than 48 hours. WalkIN is a service that…
Read More