Thursday 24 August 2023

QR code payments

Uh.

PR email.

Basingstoke, UK - 21st August 2023: A new study from Juniper Research, the foremost experts in emerging payments markets, has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.

Uh.

High growth in Southeast Asia and other developing markets is largely down to financial inclusivity that QR payments offer; enabling unbanked users to access digital payments. Conversely, Western markets have seen very limited adoption; highlighting the global divide in QR payment markets. 

Oh.

The report found national QR payment schemes, including India's UPI and Brazil's Pix, played a key role in encouraging -

Okay.

While international interoperability has been offered from payment providers like Alipay for years, national QR payment standards are now -

Okay.

Indonesia, Malaysia, and Thailand have already unified their payment standards; enabling businesses to accept payments from international visitors using their -

Okay.

Payment providers are advised to work closely with -

All right.

The adoption of QR payments overall in the west remains low. However, according to the research, the area of QR P2P bank transfers has -

All right.

And ... thanks, guys.

ENDS

...

Sometimes you can be damaged by demonic people
And there's nothing you can do about it
You've just got to live with the damage
And it can be the banality of evil like you wouldn't believe
They ain't special, believe me

That's not a poem, by the way.

Laters.