Paying by scanning.
WHAT A PAYMENT QR CODE ENCODES
Merchant identification, and optionally an amount and reference.
WHAT THE TWO MODES ARE
Merchant-presented: the customer scans
Customer-presented: the merchant scans
WHAT MERCHANT-PRESENTED SUITS
Small merchants with no hardware.
WHY THAT MATTERS
It removes the terminal cost entirely.
WHAT STATIC CODES PROVIDE
One code for the merchant, with the customer entering the amount.
WHAT THEY RISK
Wrong amounts, and codes being replaced with a fraudster's.
WHAT DYNAMIC CODES PROVIDE
The amount and reference embedded, generated per transaction.
WHY THEY ARE SAFER AND EASIER
Nothing is typed, and reconciliation is automatic.
WHAT INTEROPERABILITY MEANS
A code readable by any participating application, rather than one provider's.
WHY THAT MATTERS
Fragmented codes require customers to hold the right application.
WHAT TO VERIFY
That the codes you generate work across the applications your customers use.
WHAT TO PROTECT AGAINST
Physical code replacement, which is a known fraud.
WHAT TO ADVISE MERCHANTS
To check the displayed merchant name before accepting, and to inspect printed codes regularly.
