August 1, 2017Blog Posts

Visa program streamlines global QR code payment adoption

Chain Store Age:

A new service is helping retailers adhere to newly introduced interoperability standards related to QR code-based payments. In a move to standardize emerging cashless payments, EMVCo, the global technical body that manages the EMV Specifications, released new global QR Code Payment standards — a move that will allow retailers to process mobile payments made through the two-dimensional machine-readable barcodes. Visa and the other EMVCo members worked to develop these new globally interoperable EMV specifications.
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