How does payment by QR code work?

sobota, 04 czerwiec 2022 11:27
Napisane przez Artykuł sponsorowany

Digital solutions are steadily entering the life of a modern person. Now it is not necessary to have the cash to make purchases. It is enough to install a virtual wallet and bind a bank card to it. Payment is made through NFC. But now QR payments are gaining more and more popularity.

The principle of operation is very simple. A QR code is formed, a smartphone camera reads it and then the payment for goods or services is made through a virtual wallet. It is worth noting that over 1.5 billion people around the world use QR code payment and the number of fans of the digital method of payment is constantly growing.

Save money. Walletfactory offers e-wallet development services via the white label. You don’t overpay for development. Order a digital solution and get a personalized soft shortly.

How payment by QR-code works

A payment QR-code is a two-dimensional barcode containing contact information, a link to the site, and payment information. A virtual wallet, which allows you to make a payment via QR code - https://walletfactory.com/en-pl/how-to-pay/qr-code-technology/, makes a smartphone a full-fledged means of payment.

When the client scans the QR code, a notice appears with a link. Next, the client clicks on it and finds himself redirected to the payment form. After which the payment for the product or service is made.

E-wallet for business reduces the cost of buying and maintaining equipment with POS technology. In fact, you don’t have to install a payment terminal. It is enough to generate a QR code using special software, which will be scanned by clients.

Why should you order a virtual wallet from us?

We carry out comprehensive development of soft personalized for your business. As part of corporate cooperation, we will create a loyalty system and implement it in a virtual wallet.

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We create fast and feature-rich digital solutions. We make soft, that is undemanding to equipment. That means you save on unnecessary hardware. But you get a modern and feature-rich digital solution.

Advantages of virtual wallet:

Improving financial inclusion;
the possibility of organizing cashback systems;
consolidation of all financial flows into one, your customers will receive all your services in the app;
fast payments — it takes just a minute to transfer money or make a payment;
Security — the data is encrypted by multi-level encryption.

Still, have questions? Contact us in any convenient way, and get a free consultation and a personal price offer from the managers of Walletfactory.