Page 8 - GS180301
P. 8
ReadersSpeak
Whatever happened to QR code payments? Some observers have noted that it is cumbersome to
open an app, enter a PIN or use another method of
've heard nothing about QR code payments lately, authentication, and then scan a QR code to pay. For many
and I don't know of anyone in the business offer- consumers, the value proposition of such payments has
ing QR payment acceptance to merchants? Is this not been strong enough to spur them to let go of their
I once seemingly viable payment option one for the plastic payment cards.
dustbin?
Terry Johansen With new players bringing innovative solutions to market
Merchant Level Salesperson in unprecedented numbers, however, the POS payment
Terry, choices merchants offer consumers in the future are hard
to predict.
It doesn't appear that the payments industry's processors Editor
and ISOs have been eager to embrace quick response (QR)
code payments, but they have found a place with major The POS of the future
brands ‒ Starbucks, Walmart and Kohl's, to name a few ‒ What do you envision the POS will look like five years
so it would be premature to rule out payments made via from now? What might POS systems do that they don't do
QR code. now? What about the ISO of the future? What tools will be
available to sales reps, and what will they be able to offer
Starbucks has made QR codes an essential part of its mobile merchants that they can't offer now? Share your thoughts
payment and loyalty strategy and leveraged the two- on these questions or on other issues and trending payment
dimensional barcodes for marketing promotions, as well. topics with us via email to greensheet@greensheet.com.
Kohl's Charge cardholders are able to make payments by And don't forget to share your latest milestones with
scanning QR codes at checkout using the Kohl's Pay app us via press release sent to press@greensheet.com. You'll
on their mobile phones. Walmart customers can employ see your announcements right on our home page,
the Walmart Pay app on their phones at checkout to scan www.greensheet.com, under News from the Wire.
product QR codes.
What you see isn’t
always what you get.
Transparency builds better
relationships, and you can’t
expect to grow your business
with anything less. We believe in
ownership through partnership.
Created by ISOs. Owned by ISOs. Serving ISOs.
WWW.COCARD.NET 800.882.1352
