More payment methods

QR Payment

Transforming Transactions with Quick Response Codes

QR Payment is a modern payment method that utilises Quick Response (QR) codes to facilitate seamless and efficient transactions. By integrating QR codes into the payment process, businesses and individuals can initiate payments, receive funds, and engage in various financial activities using their smartphones or other digital devices.

% of coverage
  • Global Adoption

    Increasing, driven by the rise of mobile payments and digital wallets

  • User Base

    Expanding, reflecting growing preference for QR-based transactions

% of coverage
  • QR Payment

    30%

  • Credit/Debit Cards

    50%

  • Other Digital Payment Methods

    20%

Payment Method Overview
  • Type:QR Code-Based Payment System
  • Availability:Widely adopted globally, both in physical and digital contexts
  • Accepted Currencies:Various supported currencies, depending on the platform
  • Refunds:Subject to the policies of partnering merchants and financial institutions
  • Chargebacks:Possible through collaborating financial institutions, subject to terms and conditions

About payment system

QR Payment represents a versatile and accessible way to conduct transactions using QR codes. This payment method enables users to complete payments by scanning QR codes displayed at point-of-sale terminals, online platforms, or even printed invoices. The convenience of QR codes allows users to make payments swiftly, eliminating the need for physical cash or cards.

To initiate a QR Payment, users typically open their mobile payment apps or digital wallets, scan the QR code presented by the merchant, and confirm the transaction details. The payment is then processed, and both parties receive instant notification of the successful payment.

QR Payment’s significance is evident in its adaptability to various contexts. It is widely used for both in-person and remote transactions, making it suitable for brick-and-mortar stores,

online shopping, bill payments, and person-to-person transfers. Its simplicity and accessibility make it particularly appealing to individuals who may not have access to traditional banking services.

The QR Payment ecosystem continues to evolve with the integration of new features and technologies, such as dynamic QR codes, biometric authentication, and integration with loyalty programs. By streamlining the transaction process and reducing friction, QR Payment is reshaping how individuals and businesses engage in financial activities, fostering efficiency, convenience, and accessibility in the modern payment landscape.

Read all
Payment flow

The customer selects Visa as their payment option and enters their credit card details to complete the payment.

Payment methods that also might be interesting

Logo (13)

Multibanco

Multibanco: Discover payment solutions in Portugal

Multibanco is Portugal’s most comprehensive payment system, offering a wide range of services from ATM withdrawals to online payments.

Дизайн без назви (2)

Paysafecard

Paysafecard: Discover payment solutions in Poland

Paysafecard, a leader in eCash payment solutions and part of the Paysafe Group, was founded in 2000 and operates across 60 countries globally.

PayID

PayID

PayID: Discover payment solutions in Australia

PayID is a payment solution from Australia. Discover other payment solutions at spoynt.com

Rapipago

Rapipago

Online banking

Rapipago is a leading cash payment network in Argentina.

MTN Money

MTN Money

Mobile money

MTN Money is a pioneering mobile payment and financial service.

Jeton

Jeton

Digital wallet

Jeton is a digital payment platform that offers users a secure and way to make online payments.

ViettelPay

ViettelPay

Digital wallet

ViettelPay is a prominent mobile payment platform in Vietnam.

MoMoPay vietnam

MoMoPay

MoMoPay: Discover payment solutions in Vietnam

MoMoPay is the most popular digital wallet in Vietnam. Discover other payment solutions at spoynt.com

Elcard png

Elcard

Elcard: Discover payment solutions in Kyrgyzstan

Elсard is a national payment system in Kyrgyzstan. Discover payment solutions at spoynt.com

EcoCash

EcoCash

Mobile money

EcoCash is a transformative mobile money platform.

Show all payment methods
Pricing

Pricing request

Our fare pricing is designed to bring satisfaction to both sides of our partnership. The pricing structure is tailored to your specific business type and monthly turnover. Kindly send us a request, including details about your business, and our dedicated success manager will promptly get back to you with our best offer.