5 reasons why QR payment is better than any other payment process

In an increasingly cashless culture, how can shops accept payments quickly and efficiently? One answer is QR codes.

With the usage of QR codes, the customer can simply scan the QR code by mobile and pay the bill amount instantly. The payments made through QR code will be directly transferred to the merchant’s Bank account in real-time.

In this pandemic, the popularity of QR codes has soared due to the need for payment methods that limit physical contact. QR codes are a secure, cost-effective, and quicker way to receive payment. They come with several benefits that help you to reach out to all your potential customers. Let’s have a look at a few of them.

Instant Payment

One of the most significant advantages of QR codes is that they allow for quick payment. When compared to other payment methods, using QR codes is extremely fast. To process the payment, all a user has to do is launch the QR code scanner app, scan the QR code, and confirm. The payments are made in a matter of seconds.

Security

Qr code is one of the safest methods of payment mechanisms. Any data which is transferred via QR codes are encrypted, thus making the payment secure from fraudulent activities. These types of payments also offer more security than credit cards from data breaches.

Easy to Set up

It is very simple to set up QR code payments in your shops and business. All you need is to sign-up and register and you will be provided with a QR code, which can be printed or scanned electronically. The use of QR codes for payments also eliminates the need for a point-of-sale system or other payment-related equipment. You are not required to install any kind of hardware like a swipe machine and eliminate the charges associated with it.

Higher Reliability

QR code payments are a risk-free mode of payment because they minimize the chance of any sort of error. QR codes can be more reliable than other payment methods. Most smartphone cameras can easily read the patterns in the black boxes. The codes also contain unique data, reducing the chances of payment errors and speeding up the transaction.

No charges associated

With the setup of QR code, there are no installation charges associated with it. The merchant is not required to pay any installation charge or extra fees related to any transaction. Whereas, there are charges linked with other payment processes such as POS machines. Interested in adopting QR code payments for your business?

Become a SmartQR merchant today by registering at https://smartqr.com.np/merchant-registration

For any queries or confusion,

Address: Panipokhari, Kathmandu-3, Nepal

WhatsApp / Viber: 9860923979

Phone: +977-01-4414166, 4414211, 4414155; 9860923979

Email: smartqr@sct.com.np

Download the Smart QR Merchant App

Google Play: https://play.google.com/store/apps/details?id=net.qpaysolutions.smartqr&hl=en&gl=US

App Store: https://apps.apple.com/us/app/smart-qr-merchant/id1542509586