Will Apple Pay QR codes become an option for iPhone users?

Apple Pay QR codes - Person using Apple Pay

The tech giant is reportedly researching ways to integrate the barcodes into future mobile payments. Apple Pay QR codes don’t currently exist, as iPhone users must employ near field communication (NFC) technology to complete a mobile payment transaction. However, growing information suggests that the iPhone maker is looking into secure barcode scans. A growing body of evidence suggests that the company is looking into ways to make Apple Pay QR codes secure to scan to complete transactions. While using NFC based tap or contactless transactions at a retailer’s payment terminal…

Read More

Newly launched City Bank QR code simplifies mobile payments

City Bank QR code - Wallet with credit cards and QR code

The quick response code will bring together American Express, VISA, Mastercard and UnionPay in Bangladesh. The City Bank QR code is designed to be used in an interoperable mobile payment solution that can be used for VISA, Mastercard, American Express and UnionPay transactions The service is meant to help eliminate the need for separate barcode scans for each payment network. As a result, a merchant can display a single City Bank QR code at the front of a store for use regardless of the payment method the customer wants to…

Read More

Standardization of the Turkey QR code payment services ready

Turkey QR code payment services - Flag of Turkey

The central bank has officially regulated the use of the quick response codes for financial transactions. Turkey QR code payment services now officially have regulations for standardization across the country. These regulations were implemented by the Central Bank of the Republic of Turkey (CBRT). The regulation, generation and use of the barcodes fall under the TR QR Code in Payment Services guidance. The CBRT has put the Turkey QR code payment services regulation into effect as of August 21, 2020. As a result of this standardization, payments transacted using the…

Read More

The use of QR codes has spiked throughout the pandemic crisis

Use of QR Codes - person scanning QR code with mobile phone

Governments, organizations and companies have rapidly turned to contactless quick response barcodes. The use of QR codes has taken off across the country and around the world due to the ongoing pandemic crisis. Before the warnings to go zero-contact, the future of these pixelated barcodes was questioned. Businesses in particular have returned to the use of QR codes as they aim to provide their customers with a contactless experience. This is true in businesses of all sizes and in virtually every consumer-facing industry. Everywhere from grocery stores and pharmacies to…

Read More

PayPal contactless QR code payments feature allows in-person touchless transactions

Contactless QR code payments - PayPal app

A new in-app feature makes it possible for quick response barcodes to facilitate purchases. PayPal is rolling out contactless QR code payments that use barcode scans to complete transactions for easy buying and selling. This will allow transactions to be completed in person but without making physical contact. The contactless QR code payments will be rolling out in the official PayPal app for safe and secure in-person transactions. It is rolling out in 28 markets around the world. Moreover, for a limited time, PayPal is waiving the transaction fees typically…

Read More