QR Code Payments: Should Merchants Accept It? Maybe

In my previous blog post, I discussed the growth of QR codes as a payment method and the different types that are available in the market.

To recap, the first one is a Static QR Code that the merchants display for the consumers to scan and pay. The second one is a Dynamic QR Code – Merchant Displayed – which generates a unique QR code for every transaction for the merchant to display and the consumer to scan and pay. The third one is another Dynamic QR Code format – Consumer Displayed – which generates a unique QR code for every transaction on the consumer’s device for the merchant to scan and accept payment.

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Biometrics for Payments: Are They Secure?

Biometric technology has become routine for the everyday consumer, and experts predict that 1.5 billion mobile users will rely on it for device authentication by 2023. As use of biometrics grows, many merchants are looking into how the technology can be used in the retail environment to bring simplicity and convenience to customer experience.

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