Payments News
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Global

Welcome to China. You Probably Can’t Buy Anything, Though.

“China was never an easy place for tourists, but lately just about everything seems to have gone square-shaped—as in the payment-app QR code needed to unlock much of the Middle Kingdom. It’s how people hail taxis, consult doctors, pay for meals and book flights. Even beggars are asking for money via QR code. Not needing […]

On The Web

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Security

In China, QR Codes Are Being Replaced by Face Scans for Payments

“In different cities around China, merchants from supermarkets to bakeries have adopted facial recognition payments technology from Alibaba-affiliated Ant Financial and Tencent’s WeChat Pay to make the payments process as frictionless as possible. Alibaba owns the South China Morning Post.    Why? Because face recognition technology brings the next step in payments convenience for consumers and also […]
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Global

Ghanaian Universal QR Code Set to Accelerate E-payments

“Ghana has become the latest country to commit to rolling out a universal QR code, as the country’s government seeks to accelerate the take-up of e-payments. The move was announced by the West African country’s vice-president, Mahamudu Bawumia, earlier this month at an event in capital, Accra.”
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Tech

Ghana to Launch Universal QR CODE for Payments This Year

“This year, there’s going to be also a remarkable introduction into Ghana of a universal QR Code for payments. This will help us move further into the cashless direction because there will be no longer any need for merchants to have point of sales devices, with the QR Code platform. All they need is a […]
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Companies

Paytm to Invest ₹250 Crore to Expand Paytm QR

“Digital payments major Paytm Wednesday said it will invest ₹250 crore this year for the expansion of Paytm QR in tier IV and V towns. “With this investment, Paytm expects to reach more than 20 million merchants across India by the end of this fiscal,” it said in a statement. Paytm had introduced QR code-based payments […]
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Tech

Google Pay Launches NFC Spot Codes for Merchants in India

“Google has launched a new offering for merchants in India that combines an online storefront with physical Spot Codes they can place in their premises to let shoppers easily place orders and make payments. Spot stores are fully integrated into Google Pay and built using HTML and JavaScript “so existing investments into mobile websites or […]
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Tech

Noor Bank Partners With UnionPay to Launch QR-based Mobile Payments

“Noor Bank is partnering with payments scheme UnionPay to enable customers to make instant, secure payments on the go. Specifically, Noor Bank is rolling out its first EMVCo QR-based mobile payment service. Consequently, Noor Bank customers and merchants can leverage UnionPay QR code scanning for all their payments. Participating retail, restaurant and tourism-focused merchants will […]
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On The Wires

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Tech

One QR Code for All Payments

“Bank Indonesia has launched a Quick Response (QR) Code standard for payments through server-based e-money applications, electronic wallets and mobile banking known as QR Code Indonesian Standard (QRIS) to coincide with the 74th Anniversary of Indonesian Independence, today (17/08) in Jakarta. National QRIS implementation will be effective from 1st January 2020 in order to provide […]