Eftpos gears up to pilot QR code payments system in 2021
QR code is one of five technology focus areas for the debit card payments company over the next two years.
December 16, 2020 22:00 GMT (14:00 PST) | Topic: Innovation
Eftpos has announced that it is working with merchants to deliver a national QR code payment system, which is slated to be delivered initially as a pilot in 2021.
Eftpos foresees QR code payments will be used on almost all mobile devices and offer both consumers and merchants more benefits because of the data-rich format, while also providing lower costs and deeper customer engagement for Eftpos members .
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eftpos today announced that eftpos payments via Samsung Pay are now live for millions of CBA multi-network cardholders, in a move that delivers greater payment choice and a seamless digital wallet experience to CBA customers in time for Christmas.
eftpos CEO Stephen Benton said the company was excited to provide CBA customers the opportunity to use their Samsung mobile to pay for purchases with eftpos, as well as getting cash out as needed during the busy holiday shopping season.
“At a time of year when Australians can really benefit from the added conveniences of a true wallet replacement in the palm of their hand, we hope this will save CBA customers precious time when going shopping.”