Payments News

On The Web

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Tech

Revolut to Roll Out QR Code Payments for Business Customers in 25 Countries – AltFi

“Taking one step closer to becoming a ‘financial super app’, Revolut is rolling out QR codes for its business customers. From today, Revolut’s business customers across 25 countries will be able to take in-person, socially-distanced payments via a QR code. The touch-free payment method allows for instant payments, with small business owners able to see […]
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Tech

Will the Pandemic Finally Get Americans to Embrace QR Codes?

“QR codes, or quick response codes, were invented in 1994 by Masahiro Hara, an engineer who worked in Japan’s auto industry, with the goal of tracking vehicles and parts during the manufacturing process. Instead of typing in a tedious URL, scan a small black-and-white label with your phone to instantly pull up a website or […]
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Tech

In 2020, QR Codes Finally Became Cool

“The quick response (QR) code has become one of the biggest symbols of the pandemic.  According to the latest Juniper Research report, some 5.3 billion QR code coupons will be redeemed by smartphones by 2022. This figure has been greatly boosted by the steep rise in QR code usage. And according to Statista, by the […]
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Domains

Payconiq rolls out cross-border QR mobile payments service in Europe

“Users of Payconiq -supported mobile payment apps in Belgium, the Netherlands and Luxembourg can now make QR-enabled mobile payments and P2P transfers across all three Benelux countries. The expansion of the cross-border payments service follows the integration of the Luxembourg-based Digicash by Payconiq app into “the first interoperable mobile payment platform in Europe” alongside other […]
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Domains

Clover Combines Ordering And Payment With Its QR Code Technology

“Fiserv Inc.’s Clover point-of-sale technology business on Wednesday unveiled Scan to Order, which allows consumers to access a menu and pay for their meal by scanning a QR code at the table or the order window. The application reflects an emerging trend among restaurants to shift interactions between customers and wait staff, particularly ordering and […]
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Tech

ExxonMobil to combine NFC and QR mobile payments at the pump

“Drivers refuelling their vehicles at Exxon and Mobil fuel stations across the USA will soon be able to use their mobile phone to make both NFC and QR contactless payments at the pump. ExxonMobil is rolling out its ‘point and pay’ technology to more than 11,500 of its  stations, allowing customers to pay by either […]

On The Wires

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Companies

Vistaprint and PayPal Bring QR Code Touch-free Payments to Small Businesses

“Vistaprint, the marketing and design partner to small businesses, today announced a collaboration with PayPal to bring innovative and safe touch-free payment solutions to small businesses across the country. Touch-free payments allow small business owners to process payments for goods and services without having to handle cash or credit cards, and avoiding physical contact with […]
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Tech

Scanit Announces Launch of Digital Wallet to Improve Contactless Transactions

“Scanit , a new technology that can be used to read QR and Direct Response Video (DRV) codes from up to 60 feet away, announced today the launch of its newly created digital wallet. A successful “proof of concept” technology, the digital wallet allows users to complete contactless transactions from distances up to 20 feet away. Utilizing its patented […]
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Companies

PayPal launches touch-free payments in-store with iZettle’s point of sale app to support UK businesses post-lockdown

“PayPal today launched QR code payments in iZettle’s point of sale app, allowing small businesses across the UK – from retailers to florists and cafes – to accept safe and secure touch-free payments from customers. The roll-out marks the first time UK merchants can accept PayPal QR Code payments in-store via a point of sale […]
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