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Business owners from all walks of life — cafes, retailers, the trades — can access QR codes on their phones using the Revolut Business app. No external devices are needed. Business owners can generate a QR code on their smartphone and the customers in turn scan the code and pay with Apple Pay, Visa or Mastercard on their own iOS or Android device. The contactless solution facilitates instant payments over wifi so funds are cleared before the customer leaves the premises.
“The popularity of QR codes has increased as this payment method is quick, easy and allows people to make socially distanced payments, which are increasingly important during the global pandemic,” Paulo Guichard, product owner for acquiring at Revolut, said. “We’ve removed the need for additional devices or hardware, as all business owners have to do is use their Revolut Business app and show customers a QR code to accept payments straight away through this efficient and touch-free method,” Guichard said.
https://www.pymnts.com/news/payment-methods/2021/revolut-business-introduces-qr-codes-for-payments/
