Business
Australia is Getting a QR Code Payment System – Gizmodo Australia
EFTPOS has announced plans to rollout a new digital payment network that allows customers to complete a transaction by scanning a QR code.
Australians have become all too familiar with QR codes over the past 12 months thanks to COVID-19 and it seems they’re not going away anytime soon. Today, EFTPOS announced a national QR code payment network set to roll out in Australia by 2022.
This QR code payment network is intended to be a seamless low-cost national payment system. Consumers will be able to access it online, on mobile or at the checkout.
How will the QR code payment system work?
The idea is that a user can integrate their card…
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