The central bank of the Philippines to adopt National QR Code Standard for Payments

National QR Code Standard Philippines - Bangko Sentral ng Pilipinas

The Bangko Sentral ng Pilipinas has approved adopting the quick response code on a national scale. The Bangko Sentra ng Pilipinas (BSP), the central bank of the Philippines, recently announced that the monetary board approved adopting a National QR Code Standard for payments. The nationwide adoption of the quick response code is to ensure interoperability of QR-enabled financial and payment services. The BSP sees the value in QR codes for transferring money. QR technology has become the most convenient and cost-efficient method of transferring funds from one account to another,…

Read More

First QR code transport ticketing system launched in the Philippines

QR code transport ticketing system - Commuters in station

AF Payments partnered with GCash to launch the quick response (QR) code-based system. AF Payments, Inc., the company behind tap-and-go payment system “beep,” has teamed up with GCash to roll out the first QR code transport ticketing system in the Philippines. The first to adopt the mobile payments system will be the Metra Manila-based BGC Bus and the Cebu-based Topline Express Ferries. Passengers simply pay for their transit tickets through the GCash mobile app. BGC Bus and Topline Express Ferries customers can now pay their faire through the GCash app…

Read More

Instagram QR Code Nametag appears to be in testing stage

Instagram QR Code Nametag - Instagram Logo on Smartphone

The social media network is reportedly testing a tweak to its “Nametag” feature. An Instagram QR Code Nametag feature seems to be in a testing phase. This feature would depend on quick response codes to connect users, according to Mobilesyurp. It appears as though Instagram is interested in changing up how users share their Nametag with other users. Presently, Instagram (IG) offers a “Nametag” feature that shows an IG users’ username and IG logo in a white squire on a colorful background. This Nametag can be shared with other users…

Read More

4ORT QR code scores patent for world’s first “fraud-free” dynamic quick response code

4ORT QR Code - Mobile Security

The 4ORT has incorporated a panted algorithm into static QR codes. The 4ORT QR code features a globally patented algorithm that can tell if unauthorized access is being attempted through tailgating. The algorithm, which is integrated into a static quick response code, makes certain that a mobile user’s unique identities are securely stored within the code. This security measure makes duplication by fraudsters all but impossible. The user’s digital identity cannot be copied and is securely hidden within the code. Cape Town-based 4ORT uses its homegrown IP (Intellectual Property) to…

Read More

The Philippines’ GMovies ticketing app introduces RQR Codes

RQR Code - Movie Ticket

The reversed quick response (RQR) coding technology saves customers time and effort. RQR codes are being rolled out by GMovies, the Philippines’ first and only movie schedule and ticketing platform that aggregates more than 100 cinemas nationwide. The reversed QR code technology that has been added to the movie ticketing app is designed to enhance the cinema experience of its customers, eliminating the need for users to line up at the ticket counter, which saves both time and effort. Movie goers merely need to scan the QR code below their…

Read More