QR code payments are a contactless way to pay for goods
and services using a smartphone to scan a QR code:
How it works
The QR code contains information that initiates a payment process when scanned. The customer’s device can then fill in the payment details and prompt the customer to enter the amount to pay.
Benefits
QR code payments are faster and more convenient than traditional payment methods, and they eliminate the need for cash or physical cards.
Where to use
QR codes can be used in many places, including in-person retail stores, on invoices, and in restaurants.
How to use
To make a payment, the customer scans the QR code with a mobile payment app on their phone.