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    QR Codes

    News about QR Codes.

    mVisa launches in Kenya

    September 21st, 2016

    Visa has launched its mVisa QR code-based mobile payment service in Kenya with Co-Operative Bank, Family Bank, KCB and NIC Bank. “With mVisa, consumers can directly access all of the funds in their bank accounts to pay merchants or individuals,” Visa says. mVisa was unveiled in August 2015 through a pilot with Indian banks. ICICI Bank became the first to offer the service to consumers in October, followed by State Bank of India, which announced its support for mVisa in May 2016. It is due to arrive in Nigeria by the end of this year.

    Mobiquity Wallet brings iOS voice command money transfers

    September 19th, 2016

    PARTNER NEWS: Customers using mobile financial solutions firm Mahindra Comviva’s Mobiquity Wallet for iOS will now be able to send and request payments via a straightforward voice command. The feature forms part of the latest version… More

    Best Buy signs on to Chase Pay

    September 15th, 2016

    US retail giant Best Buy has signed a multiyear agreement to accept Chase Pay QR code-based mobile payments in-store, in-app and online. Best Buy is a member of US retailer-led consortium MCX, which ended its CurrentC mobile wallet pilot in June 2016. Chase Pay was unveiled in October 2015 and will be accepted by all MCX members. It is currently live with select online merchants and becomes available later this year for in-store and in-app purchases at participating locations.

    Ecobank Masterpass QR launches in Nigeria

    September 12th, 2016

    Ecobank customers in Nigeria will soon be able to make in-store payments by scanning a QR code using their mobile phone or entering a merchant identifier into their feature phone. The bank has worked with Mastercard to launch the Ecobank Masterpass QR service, an enhancement to the Masterpass digital payment platform. It will enable “millions of micro, small and medium enterprises in Nigeria to accept fast and secure digital payments from consumers for the first time,” Mastercard says. Ecobank plans to introduce Ecobank Masterpass QR to 34 other markets.

    Coop Denmark to launch mobile loyalty and payments platform

    September 8th, 2016

    Supermarket chain Coop Denmark is launching a new mobile loyalty and rewards platform incorporating mobile payment functionality in all of its stores from October. The service will enable customers in Irma, Kvickly, Brugsen and KNB locations… More

    Wirecard eases Alipay acceptance in Europe

    September 2nd, 2016

    German technology provider Wirecard has launched an app allowing European retailers to accept Alipay QR code mobile payments from Chinese tourists. “Retailers will soon be able to download the Scan Alipay iOS app from the app store,” Wirecard says. “An Android version will follow in the course of this year. The app will be taken up predominantly by catering establishments and clothing retailers.” Wirecard began rolling out support for Alipay mobile payments across Europe in December 2015. In June 2016 it was reported that Alipay is in talks to negotiate a 25% stake in Wirecard.

    Two in three young Brits have made a mobile payment in-store

    August 25th, 2016

    More than two thirds of the UK’s 16-34 year olds (67%) have used their mobile phone to make an in-store payment, research released by Worldpay reveals. More

    Phillips 66 to accept Chase Pay across US

    August 18th, 2016

    Fuel retailer Phillips 66 is to allow customers at its Phillips 66, Conoco and 76 branded locations to make QR code-based mobile payments using Chase Pay across the US, in collaboration with mobile commerce provider P97 Networks. “Consumers of Phillips 66’s fuel brands will soon be able to make purchases through the My Phillips 66, My 76 and My Conoco mobile apps,” says Chase. Oil and gas company Shell is also set to accept Chase Pay across the country.

    mVisa to launch in Nigeria by year end

    August 18th, 2016

    Visa is in “advanced discussions with leading Nigerian banks” — including Diamond Bank — to roll out its mVisa QR code-based mobile payments service in the country before the end of 2016. mVisa was unveiled in August 2015 through a pilot with Indian banks. ICICI Bank became the first to launch the service to consumers in October, followed by State Bank of India, which announced its support for mVisa in May 2016.

    Kona unveils Kona Money for digital gift cards and mobile payments

    August 17th, 2016

    PARTNER NEWS: South Korean smart card provider Kona has unveiled Kona Money, a mobile payment service that integrates gift cards and allows for purchases to be made at the point of sale using NFC, QR… More

    Yandex.Checkout gets QR codes

    July 29th, 2016

    Russians can now make payments through online payment service Yandex.Checkout by scanning a QR code with the Yandex.Money mobile app. “Once the code is scanned, the app will show the product’s name, seller and price,” the company says. “The user chooses a payment method — either Yandex.Money e-wallet or a bank card linked to it. QR codes can be placed either on material goods, documents or digital products.” More than 76,000 online stores use Yandex.Checkout, while Yandex.Money has 4m users. Yandex.Money added NFC to its mobile app in April 2016.

    Spanish clothing retailer to roll out QR code payments

    July 28th, 2016

    Customers at stores belonging to Spanish clothing company Inditex will soon be able to use their mobile phone to make in-store payments by scanning a QR code at the terminal via the company’s InWallet mobile payment service. More

    PBOC working to regulate QR code mobile payments in China

    July 25th, 2016

    People’s Bank of China (PBOC) is working to create a system for regulating QR code mobile payments in the country, after it suspended QR code-based services run by third-party payment providers in March 2014. “Payment providers including Alipay and Tenpay, along with a number of commercial banks, have continued marketing their QR code payment services,” Caixin reports. “A source close to the central bank said that the 2014 ban was put in place because there were no rules or standards for third party QR code payment services.” PBOC also moved to open up Chinese mobile payment services in August 2015.

    Motorists rewarded for mobile payments at the pump

    July 21st, 2016

    Motorists using the GC Express gas station in Caro, Michigan, are being offered a free coffee or drink whenever they pay for fuel purchases of US$10 or more with Team One Credit Union’s mobile banking app. More

    Mahindra Comviva introduces Mobiquity Wallet 2.0

    July 19th, 2016

    PARTNER NEWS: Mobile financial solutions firm Mahindra Comviva has released an updated version of Mobiquity Wallet, a digital wallet platform that launched in March 2014 with support for QR codes, Bluetooth, NFC and host card emulation (HCE). More

    Starbucks launches mobile payments in China

    July 13th, 2016

    Customers at Starbucks stores in China will now be able to pay for their order using their mobile phone and the coffee giant’s QR code-based mobile payment service which has now been launched in 2,200 locations across the country. More

    ING and KBC to combine mobile payments and loyalty in Belgium

    July 11th, 2016

    ING and Belgian bank KBC are to launch a mobile payment and loyalty platform in Belgium that will combine ING’s Payconiq mobile payment app with loyalty platforms Qustomer and CityLife in a single service. More

    Walmart Pay completes nationwide rollout

    July 7th, 2016

    US supermarket giant Walmart has completed its nationwide rollout of Walmart Pay, making the service available in more than 4,600 stores across the country. The retailer has also recorded a 45% increase in Walmart Pay transactions in the last week. More

    Dutch contactless usage increases

    July 5th, 2016

    The number of contactless transactions made by Dutch consumers grew by 25% each month throughout 2015, the Dutch Payments Association has revealed. The Dutch payment method iDeal also recorded a 25% growth last year. The service lets consumers make payments by scanning QR codes.

    Jiffy signs up more than 350,000 users

    July 1st, 2016

    More than 350,000 Italians have now registered to use Jiffy, the P2P payment service launched by payment processor SIA in October 2014. “The average value of an individual transaction is around €52 (US$58), while transfers under €25 represent 44% of the total,” SIA says. “23 bank groups have joined the SIA P2P payments service since it was launched.” The service added support for in-store payments via QR code last month.

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