QR code payment tests in Singapore make transactions easier for merchants

QR code - Merchant mobile payments - Singapore Flag

A new system in the country uses one operator to accept 23 different payment methods. Merchants in Singapore will soon be able to use a single QR code to be able to accept nearly two dozen different digital payment methods in a trial starting this week through the central bank. Stores have been promised that the new system will reduce hassle for them and for their customers. With a rapidly growing number of apps and mobile wallets, merchants are finding it difficult – or even impossible – to accept them…

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Singapore Land Transport Authority uses QR code geofencing to control bike parking

QR Code geofencing - Bicycle Sharing

Bike sharing programs are highly popular in the country, leading to new licensing and parking rules. The Singapore Land Transport Authority (LTA) has announced a new QR code geofencing system meant to help control indiscriminate parking of shared bikes. Bicycle sharing programs have spiked in popularity in recent years. A new licensing strategy has been developed and is starting to roll out across the city state. Among the main issues the QR code geofencing is designed to overcome is indiscriminate parking. Shared bicycles have been parked pretty much anywhere they…

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