Tagged: qr code payments

Digital Transformation: QR Code Payments Increasingly being Adopted Globally, Research Report Reveals

QR Code Fintech Insider

In the United Kingdom, the general population has become “far more accustomed to the use of QR codes, with the requirement of NHS Test and Trace check-ins in public spaces,” according to an update from Juniper Research. The report from Juniper notes that this  method… Read More

Asia United Bank and Wallyt to Support Mastercard Acceptance via QR Codes in the Philippines

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Asia United Bank (AUB), one of the fastest-growing publicly listed universal banks, has teamed up with Wallyt, a virtual banking solution provider, in order to offer a card payment acceptance solution for merchants though a card QR code or link. Wallyt is a Hong Kong-headquartered… Read More

QR Payments for Businesses in India have Become Popular, Expected to See Greater Adoption in 2022, Pine Labs Reveals

QR Code Fintech Insider

The team at Pine Labs, a digital payments firm that confidentially filed for a $500 million IPO at valuation of around $7 billion, notes that online payment methods in India have been “around for a while now and with their rising popularity, they are here… Read More

Digital Payments Fintech Clik2pay Extends Product Offering with Flexible QR Code Feature

QR Code Fintech Insider

Payment service provider Clik2pay introduced its latest product capability at the Telecommunications Risk Management Association of Canada (TRMA Canada) Conference, which was held in Toronto. Building on the established Clik2pay service, which enables consumers to make secure payments directly via their banking accounts, this capability… Read More

United Becomes First Airline to Offer PayPal QR Codes as Inflight Payment Method

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United and PayPal (NASDAQ: PYPL) revealed that they’ve introduced a new way to carry out touch-free inflight purchases, even in areas that don’t have Wi-Fi. Starting next month, United clients on select flights may simply show a flight attendant the PayPal QR Code in the… Read More

Open Banking Fintech SplitBill Secures Nearly £100K from 52 Investors via Crowdcube

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UK-based Fintech firm SplitBill, which enables free instantaneous fund transfers between friends and family members and allows merchants to save in processing fees versus credit cards transactions, reveals that it has now raised £99,370 (of its £150,000 target) from 52 investors via Crowdcube. SplitBill, which… Read More

UK Fintech Tomato Pay Introduces QR-Code Payments and Invoicing App for Small Businesses, Local Traders

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Tomato Pay, a newly-launched QR-code payment and invoicing app, is currently available for use in the United Kingdom. The Fintech app is intended for small businesses and sole traders. As noted by the firm’s management: “Tomato Pay is a simple, QR-code based payments and invoice… Read More

Cross-Border QR Payments Linkage Established by Bank Negara Malaysia and Bank of Thailand

QR Code Fintech Insider

Bank Negara Malaysia (BNM) and the Bank of Thailand (BoT) recently revealed that they’ve introduced a cross-border QR payment linkage between the two countries. Under this linkage, both consumers and merchants residing in Malaysia and Thailand can make and receive instant, cross-border QR code payments…. Read More

Open Banking Excellence, Moneyhub Enterprise, Streeva to Offer QR Code Solution so it’s Easier for UK Charities to Take Donations

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Over 25% of UK-based charities have seen their income levels decline in 2020 as the impact of the COVID-19 outbreak and related lockdown measures have negatively affected the nation’s businesses and individual consumers. Almost a third of UK organizations are now concerned regarding their future… Read More

New QR Payments Solution Introduced by Bangkok Bank for Transactions between Thailand and Vietnam

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Bangkok Bank, one the largest commercial banks in Thailand, has introduced an international QR payments solution that will run between Thailand and Vietnam. The solution is reportedly being deployed with assistance from the Bank of Thailand (BOT) and State Bank of Vietnam (SBV). Bangkok Bank… Read More

QR Code Payments Users Is Expected to Surpass 2.2 Billion within Next 5 Years: Report

QR Code Fintech Insider

A recent study released by Juniper Research has revealed that the total number of QR code payment users is expected to surpass 2.2 billion within 5 years, which is up significantly from 1.5 billion in 2020. This would be almost 30% of all mobile phone… Read More

UOB Indonesia Launches TMRW, its Digital Bank, OVO Now Claims it’s the Country’s Largest Fintech Service Ecosystem

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UOB Indonesia has introduced TMRW, its virtual bank to serve the local market as part of its strategy to accelerate growth of its business operations in the region. The launch of the digital bank has come after UOB established its business in Thailand in 2019…. Read More

HPS, a Payments Technology Firm, Chosen by Saudi Arabia Monetary Authority to Provide QR-based Payment Solution

QR Code Fintech Insider

HPS, a payments technology and services company, has reportedly been chosen by the Saudi Arabia Monetary Authority (SAMA) to offer a QR-based payment platform. The HPS deal is part of the Middle Eastern country’s larger Fintech development initiative. HPS will be overseen by Saudi Payments,… Read More

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