Visa’s QR based payment solution enables customers and merchants to send and receive payments directly from their Visa prepaid, debit or credit card accounts. Visa’s QR payment solution works on smartphones with a data connection (2G, 3G or 4G) as well as feature phones with USSD, so almost anyone can use it. Plus, it doesn't require any additional hardware. Finally, a simpler way for your merchant partners to accept mobile payments so their customers can pay on the go with:
Simplicity
Merchants simply download their bank app and set up their account. No additional hardware or infrastructure needed.
Security
Payments are digitally encrypted and require authentication and approval to be completed. That means no transaction can even be initiated unless both the consumer and the merchant agree to it.
Control
Consumers "push" payments to merchants so they don't see consumers account or card number. They simply receive the funds directly in their Visa merchant account.
How Visa's QR payment solution helps issuers
By offering your cardholders a quick, easy, secure way to pay using their phone — Visa QR payment solution helps you:
- Increase card usage
- Strengthen customer loyalty
- Improve overall portfolio performance
How Visa's QR payment solutions helps acquirers
By offering merchants a new, simpler way to accept mobile payments so they can grow their business and enables you to:
- Add a game-changing solution to your service offerings
- Boost transaction and sales offerings
- Strengthen your merchant relationships
