Payment by QR code is one of the simplest alternatives to contactless payments. After Apple Pay and Google Pay became unavailable in Russia, millions of smartphone users turned their attention to the additional features of the Fast Payment System (FPS). By the way, it was used before, but mainly for transfers by phone number without commission. Now it has become popular for contactless payments in stores. Therefore, let's talk about the essence of the technology, its security, main advantages and disadvantages.
Why do you need to pay by QR code?
The option is equally convenient for both sellers and buyers. The former save on the commission for merchant acquiring, and the latter can pay even without a physical bank card. The technology is extremely simple to implement, and therefore available even to small retail outlets. Its relevance is explained by the following reasons:
It is convenient for customers to pay via QR code – they do not hungary mobile database need to carry a bank card with them or simply take it out of their wallet, a mobile phone is enough.
Universality of the payment instrument – you can pay for purchases in regular and online stores, in various establishments and organizations.
Minimum requirements for a smartphone: the NFC module is not used during payments; a camera and a pre-installed banking application are sufficient.
Security – during the payment process, money is transferred to the seller from your account, bank card details are not included anywhere and cannot be intercepted by intruders.
Convenience – a QR code for payment can be sent to the buyer in a messenger as a link, shown on the screen of a terminal or a special program, printed out and installed on holders near the cash register.
Every day, the number of retail outlets that do not accept payments via the SBP is decreasing. Payment via QR code in a store is always in the interests of business - entrepreneurs get the opportunity to pay less for acquiring. In addition, it is important for sellers to respond to the needs of potential buyers, who are increasingly interested in the possibility of contactless payment.