Tagged: qr code

QR Code Payment Integration Planned Between Japan and ASEAN

Starting in 2025, Japan and the Association of Southeast Asian Nations (ASEAN) plan to unify QR code payment systems to simplify transactions and avoid the need for currency exchange, especially benefiting tourists. This move, as reported by Vietnam News Agency (VNA) and announced by Japan’s… Read More

ASEAN QR Code Innovation Seen to Boost Cross-border Payments, Expand MSME Market Reach

The recently introduced ASEAN QR Code innovation promises to open up a broader market for micro, small, and medium enterprises (MSMEs) by facilitating seamless cross-border payments, Pandu Sjahrir, the legacy lead of ASEAN QR Code, told Indonesia’s news agency ANTARA. This integration offers a platform… Read More

Fintech Firm Pine Labs Introduces Mini, a QR-First Device with Card Acceptance

Merchant commerce omnichannel platform, Pine Labs has announced the launch of Mini, a revolutionary QR and Card acceptance device. Expected to be available at nearly one-third of the cost of a regular Point of Sale (PoS) terminal, Pine Labs Mini is described as “an ideal… Read More

Paerpay Welcomes $3M Seed Round to Scale Restaurant-Focused Payment Solution

Paerpay, a contactless payment solution for restaurants, today announced that it has closed $3 million in seed funding led by MassMutual through the MM Catalyst Fund (MMCF). They were also joined by Elevate Capital, MassVentures, Techstars, The Fund, Gaingels, and Chingona Ventures. This funding round… Read More

“Split Payments” Debuts on Facebook the Week of Dec. 6

Facebook – Meta (NASDAQ:FB) announced today it will begin testing Split Payments on Messenger next week. They tout it as a method to improve the ability to split bills like dinners or rent. To begin, users should click “Get Started” in a group chat or… Read More

Wiseasy Group, UnionPay International to Grow QR Payments, Digital Banking in Ghana, Nigeria

Digital banking and payments firm Wiseasy Group this week announced a collaborative partnership with UnionPay International (UPI) to accelerate digital banking and QR payments in Ghana and Nigeria. The two companies worked together to develop a unified mobile payment standard and coordinate the management of… Read More

Epazz Sets Timetable for Smart Contract App

Crypto app developer and business software provider Epazz Inc. today pledged to release its StreamPay Blockchain Smart Contract app by the fourth quarter.  The app allows companies to monitor supply chains for fraud by using blockchain technology to trace products from their original components through the… Read More

Facebook’s QR Code Persistence Could Soon Pay Off

This time Facebook (NASDAQ:FB) believes its added QR code functionality finally hits the mark. After earlier attempts at testing the technology, Facebook has added QR code functionality on Messenger, a move analysts see as a direct charge at Venmo and Zelle. What is different this… Read More

PayPal & Venmo to Launch QR Code Touch-Free Payment Technology in CVS Stores

  PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Thursday CVS Pharmacy will be the first national retailer to integrate PayPal and Venmo QR code technology in its checkout experience at all of its 8,200 standalone stores across the country. PayPal reported that using PayPal QR… Read More

PayPal Announces Launch of QR Code Touch-Free Payments in Canada

Global payments platform PayPal (NASDAQ:PYPL) recently announced it has rolled out QR code payments in Canada for small businesses to accept touch-free mobile payments from their customers using the PayPal app. PayPal reported that the new functionality allows customers to buy or sell in-person, safely, and securely… Read More

Singapore Updates on Payments Council as Quick Response Code Specifications for Electronic Payments is Endorsed

The Monetary Authority of Singapore has posted an update on the Singapore Payments Council. According to MAS, the COuncil has endorsed the specification for a common Singapore Quick Response Code (SG QR) that can accept electronic payments by both domestic and international payment schemes, e-wallets,… Read More

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