QR Code payment

QR code payment is a contact-less payment method where payment is performed by scanning a QR code from a mobile app. This is an alternative to doing electronic funds transfer at point of sale using a payment terminal.

QR codes are two-dimensional quick response codes that are now gaining notability and popularity in the United States. They are easy to use and versatile. The code itself stores huge amounts of information that is easily scanned and stored onto a mobile device. Many businesses are now adopting this code as a means of marketing and as another way to attract customers to the internet for more information. QR codes have both advantages and disadvantages and both benefits and drawbacks of the code should be understood before using the QR code as a marketing technique.