Tag: QR codes | Page 5

Stripe in New Zealand; Cross-Border Education Payments: News Roundup

In a roundup of this week’s news, we report on payments powerhouses continuing to expand globally,…

PFs Key to Supporting QR Code Expansion

Payment facilitators have a significant role to play as Visa expands digital transactions into new markets using QR codes.

The bar codes have turned the point-of-sale world on its head in response to conditions in emerging markets, according to Uttam Nayak, SVP, emerging market digital payments, for Visa.

Visa Makes QR Code Onboarding Simple

Visa took its turn this week announcing support for the new QR code specification recently released by industry standards body EMVCo.

Its Visa Ready Program supports the new interoperable standards, making onboarding simpler for merchants who want to implement the mobile POS solution, the company said. The program provides tools that allow banks, processors and payment facilitators more easily deploy the solution for their merchants.

QR Code Use Expanding with New Global Specification

In another sign that QR code payments are gaining ground globally, EMVCo has released its first QR code specification.

China’s payment network UnionPay, a member of EMVCo, led the working group that developed the specification, the company said in a press release, calling it “the first globally interoperable technical solution for QR code payment.”

Singapore Strikes Blow in “War on Cash”

The drive among payments companies, banks, and governments to displace cash continues. And for many, the concept of using QR codes holds a great deal of promise.

Relatively easy to use and implement, the two-dimensional codes are more attractive to small and micro-merchants – where cash still reigns in many cases.

But are they being accepted by users?

Paytm Uses QR Codes to Connect Online, Offline

Paytm is expanding its use of QR codes to drive commerce at small retailers across India.

Earlier this week, the company announced it was opening up a channel for its small, local partner merchants. The program will enable them to sell products from its online Paytm Mall to customers who come into their stores.