AusPayNet: Issues guidelines to facilitate QR-code payments
- AusPayNet the payments industry self-regulatory body has published guidelines for QR codes as a payment method
- The guidelines will be voluntary for financial institutions, payment service providers, merchants, and other payments industry
- Guidelines for QR-code payments follow widespread public use of QR codes in Australia to support contact tracing
- The growing popularity of QR codes for payment transactions is attributed to their ready adoption by consumers
- QR codes were fast-emerging as another option for merchants to offer a quick
- Australians became familiar with and comfortable using QR codes during the pandemic