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Revolut rolls out QR code-based payments for business customers

Revolut has rolled out touch-free QR code-based payments for business customers across Europe.

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Revolut rolls out QR code-based payments for business customers

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The services is targeted at business owners - from market stall traders to cafe proprietors - who can access QR codes on their phones using just the Revolut Business app, without needing to purchase any additional devices.

Users need to apply for a Revolut merchant account to access the feature, which generates a QR code which the customer can scan with the camera on their phone. The customer will then receive a prompt asking them to pay with Apple Pay, Visa or Mastercard and they can complete the payment from their own iOS or Android device.

Paulo Guichard, product owner for acquiring at Revolut says: “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. 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.”

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Comments: (1)

Andrew Smith

Andrew Smith Founding CTO at RTGS & ClearBank

So I am back in 2011.... We built this type of solution back then, actually it was far more comprehensive. I would also say that recent technology advancements will replace QR code based experiences like this....

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