The world is going contactless. As smartphones spread and our economy goes digital, uptake of contactless payments has accelerated – including account-based mobile payments made using Quick-Response codes, or QR-codes for short. On 16 February 2022, we launched an eight-week public consultation on a new draft document on the Standardisation of QR-codes for mobile initiated(instant) credit transfers (MSCTs). Here, we explore the document’s genesis and its importance for the European payments landscape at large. …
Quelle / Link: Empowering European account-based payments with standardised QR-codes
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