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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China UnionPay and Tencent to use integrated QR codes for mobile payment ease

Integrated QR Codes - Quick response code on mobile phone

The goal of this move is to streamline the transaction experience for consumers and merchants. China UnionPay and Tencent have announced that they will be using integrated QR codes for a smoother checkout experience while using mobile payments. This move could greatly benefit UnionPay in catching up with the market leaders. Bringing together the quick response codes may help UnionPay to take a firmer place into the market in the country. UnionPay is a network top lenders created together. That said, it has not been able to gain nearly as…

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Japan continues to turn to QR code mobile payments to encourage cashless transactions

QR Code mobile payments - Square cashless payments system

QR code payments greeted baseball fans in Japan at Eagles stadium in the spring. QR code mobile payments are increasing in Japan as the country seeks to find new ways to encourage more cashless transactions. When Japan’s baseball season started in the spring, fans of the Tohoku Rakuten Golden Eagles were surprised to find food, beverage and merchandise stalls were cash-free. This was done in an effort to promote QR (quick response) code digital payments. What began as a marketing ploy by the baseball team’s owner evolved into something more…

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Kroger Pay gives customers new mobile payment option

Kroger Pay - Kroger shopping bag - Wochit Tech YouTube

Kroger Co. now gives their mobile shoppers the chance to pay with their phone. The American retailing company has jumped on the mobile payments bandwagon and has launched Kroger Pay, a single-use QR code-based system. The app’s single-use QR code can be scanned to pay for purchases. Kroger Pay is an app that has been designed to generate a single-use QR code that can be scanned at the checkout counter to pay for a purchase. Users of the app can link it to any major credit or debit card. Additionally,…

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Cellum reaches QR code mobile payments deal with Deloitte Touche Tohmatsu

QR code mobile payments - Handshake Deal

The mobile transaction solutions company headquartered in Hungary is partnering with the Japanese giant. Cellum Group has signed an agreement with Deloitte Touche Tohmatsu LLC to launch a new QR code mobile payments service. The idea is to bring the quick response code based transactions into Japan with more widespread success. Cellum, a mobile transaction solutions company, signed the deal with one of Japan’s largest professional services firms. The two companies want to overcome the hurdles of QR code mobile payments and create a mainstream service within the country. A…

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