QR code banking Archives

OCBC Bank introduces QR code cash withdrawals to customers

08/01/201909/28/2020 L. Green

Customers of Singapore’s OCBC Bank can now withdraw money using QR Codes. OCBC Bank customers can now make QR code cash withdrawals at OCBC ATM machines. By simply scanning a code with their phone, they can withdraw cash without having to use an ATM card or PIN. This new system offers better security to bank customers. In order to make QR code cash withdrawals, customer will need OCBC’s Pay Anyone app. Using the app, they can scan a quick response code displayed on the screen of the ATM. After scanning…

QR codes implemented for faster online billing

03/22/201303/20/2013 Jennifer Goula

Billtrust has sped up the adoption of the mobile technique through the use of integrated barcodes. Billtrust, a company based in Hamilton, New Jersey, has just announced that its biller statements will be including QR codes as a new service for its customers so that bills can be paid more quickly and conveniently. The service permits businesses and consumers to pay their bills using a single scanning step. The QR codes are very easy to use as they can be scanned using any smartphone with a reader app. They are…

QR codes finally have official NACHA bill payment guidelines

01/30/201301/28/2013 Jennifer Goula

The long awaited regulations for paying electronic bills have now been issued. The Council for Electronic Billing and Payment (CEBP) from the Electronic Payments Association has now issued their final guidelines for the inclusion and use of QR codes in consumer bill payments. These guidelines were a collaborative effort between CEBP and the input of the industry. The new guidelines provide a description of the user of QR codes in a number of different functions for consumer bill payments, such as viewing invoices, enrolling for electronic billing, making payments to…