Payments News

On The Web

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Global

Why the QR Code Become Ubiquitous in India

“The popularity of QR codes soared after payment companies (and other fintech players) started using it in conjunction with UPI, an instant payment system developed by the National Payments Corporation of India (NPCI). Startups like Paytm and PhonePe revolutionised its use in peer-to-peer payments. This trend started right after demonetisation in 2016, and gathered deeper […]
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Tech

UnionPay App Recognizes WeChat QR Code in Latest Interoperability Push · TechNode

“UnionPay app users are now able to scan WeChat QR codes to make payments. WeChat does not currently make payments to UnionPay QR codes, instead suggesting the user download another app in a TechNode test Wednesday. Different payments providers have previously required customers to scan different codes. This integration is the latest step toward interoperability […]
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Tech

The Numbers Hiding Behind That QR Code

“I have cautiously resumed dining in restaurants occasionally, and so have found myself scanning QR codes to access the menu online. It’s a quick and easy process hiding a surprisingly large amount of math. QR stands for Quick Response, and these codes were invented in 1994 by Masahiro Hara at the Japanese automotive company Denso […]
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Tech

QR Codes Are Here to Stay. So Is the Tracking They Allow.

“QR codes — essentially a kind of bar code that allows transactions to be touchless — have emerged as a permanent tech fixture from the coronavirus pandemic. Restaurants have adopted them en masse, retailers including CVS and Foot Locker have added them to checkout registers, and marketers have splashed them all over retail packaging, direct […]
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Systems

Thai and Malaysian Central Banks Roll Out Real-time Cross-border QR Payments

“Consumers from Thailand can now make instant cross-border QR code-based payments for goods and services to merchants in Malaysia from their mobile payments app using a service being launched by the Bank of Thailand and Bank Negara Malaysia . The two central banks have enabled the service by linking the real-time retail payments platforms DuitNow […]

On The Wires

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Tech

Blackhawk Network Introduces Scan-to-Buy Live Entertainment And Amusement Ticket Purchasing In US Retailers

“As live entertainment and amusement parks begin to make a comeback, Blackhawk Network has launched a contactless ticket purchasing solution for entertainment brands and retailers. This innovation makes it even easier for consumers to purchase tickets to their favorite theme parks, concerts and live events in the retail locations where they regularly shop. Blackhawk is leveraging […]
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Tech

LawPay Expands Legal Contactless Payments for Attorneys With QR Codes

“LawPay, the leading online payment solution for legal professionals, expanded its features to release QR codes for immediate use by attorneys to accept and receive payments. These new custom payment QR codes are available for use by all LawPay customers as an easy way for their clients to pay digitally by simply scanning the QR […]