As the popularity of using quick-response codes for payment at the point-of-sale grows, the trend toward offering the technology to software developers and merchants has gained momentum and now includes small and mid-sized processors. Omnichannel payment gateway Cardknox Development Inc. on Monday became the latest processor to enter the fray, …
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How Square Recruits Plaid in New Gambit; Consumers Take a Shine to QR Codes; Plus Weekly Recap
QR Codes And Digital Wallets Are Gaining Popularity Fast Among Consumers
Quick Response codes are one of the many payment options to flourish as consumers embrace digital and contactless payments in the wake of the Covid-19 pandemic, says a report from Blackhawk Network Inc. Of the 13,000 respondents surveyed across nine countries representing nearly half of the world’s card-payment volume, 18% …
Read More »Fiserv To Enable PayPal QR Codes; GoCardless Launches Instant Bank Pay; Mazooma Adds Real-Time Payouts
Fiserv Announces a Strong First Quarter As It Teams With PayPal on QR Codes
Fiserv Inc. announced Tuesday morning it will enable QR code payments for consumers using PayPal or Venmo at merchants Fiserv processes for through its Clover devices or Carat omnichannel payment systems. Users of the PayPal or Venmo app will scan a QR code with their phone and can receive a …
Read More »Cantaloupe’s New Take on Unattended Payments; Afterpay’s Big North America Growth; QR Code Use Popularity
QR Code Use Popularity and other Digital Transactions News briefs from 4/20/21
Some 83% of consumers said they had used a QR code in the past year to make a payment or complete a financial transaction, with 54% of those persons saying they had used a QR code for those purposes for the first time in only the past three months. Still, just 39% …
Read More »VizyPay Launches VizyPOS; OLB Group Adds QR Code Acceptance; Paysafe’s New Loyalty Program
OLB Group Adds QR Code Acceptance to Its Gateway
OLB Group is the latest processor to support Quick Response codes as merchants look for ways to adopt contactless-payment options in the wake of the ongoing Covid-19 pandemic. OLB will support dynamic QR codes, which are generated in real time for each transaction, on its cloud-based OmniSoft business-management platform and …
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