QR Code Payment
What is QR Code Payment?
QR code payment is a contactless payment method where a transaction is initiated by scanning a Quick Response code with a mobile device. It is widely used in many parts of the world for its simplicity and low infrastructure requirements for merchants.
Why It Matters
-
Allows small merchants to accept digital payments without expensive hardware
-
Provides a fast and hygienic way to pay in-store and at restaurants
-
Supports both static and dynamic codes for different transaction types
-
Enables easy integration with mobile wallets and banking apps for a smooth experience