QR codes can be a powerful tool for the ongoing digital transformation of the European payments landscape. They have the potential to accelerate the adoption and use of mobile payments as they represent a versatile touchpoint between merchants and consumers, as well as enable innovative ‘new retail’ and mobile lifestyle use cases seamlessly connecting in-store and online experiences.

They also represent an opportunity for financial institutions to expand customer value by facilitating QR code payments directly from mobile banking apps, with integrated transaction authentication and value-added services.

Our latest report, commissioned by Ant Group, explores the economic benefits of standardising QR code payments in Europe.

Read more and find the report here.