CVS to use pharmacy QR code to accept PayPal and Venmo payments

Pharmacy QR code - CVS Pharmacy

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…

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Brazil rolls out the PIX mobile payments system for faster transactions

PIX mobile payments - QR code payment transaction

QR codes are expected to play a vital role in the country’s move away from using cash to pay. Brazil has announced the launch of the PIX mobile payments system, which is the nickname of the Brazil Instant Payment System from Banco Central do Brasil. The goal of this strategy is to make digital transactions convenient enough to stop relying on cash. The PIX mobile payments strategy has been in the works for over a year. The idea behind its use is to place QR codes in the way of…

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Indian regulator bans new QR codes from being launched in the country

New QR codes - India flag

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…

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PayPal POS QR codes move ahead on the heels of its “strongest” quarter

PayPal POS QR Codes - QR Code on mobile phone

The company has been making substantial plays to take large steps into physical points of sale. A new PayPal POS QR codes strategy was unveiled last week to help bring the company into a broader in-person shopping experience. The digital and mobile payments company is seeking to capture a larger number of transactions. These new PayPal POS QR codes have been announced on the heels of the company’s best ever recorded quarter. Though it has previously made moves to enter into physical points of sale, the San Jose, California-based business…

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Scam Bitcoin QR code generators stole $45k from unsuspecting users last month

Bitcoin QR code generators - Bitcoin and quick response code

In March a total of 7 BTC were swiped from people through fraudulent barcode scans. A total of 7 BTC – the equivalent to about $45,000 – was stolen from unsuspecting people who scanned barcodes from fake bitcoin QR code generators, said one security researcher. Nine fake websites have been identified by the researcher as scam BTC-to-barcode generators. Those websites claim to provide their users with a quick and convenient method for generating barcodes. Bitcoin QR code generators make it simple for people to accept cryptocurrency transactions using a barcode…

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