eftops to pilot QR code payment system in 2021

Thursday 17 December 2020 13:49 CET | News

eftpos has announced that it is working with merchants to deliver a national QR code payment system in Australia, with a pilot to be launched in 2021.

The system is one of five key areas that the company will be focused on for the next two years as part of its digital strategy. Other areas of focus include expanding its footprint within the mobile wallet space, ecommerce, delivering a digital identity solution, and continuing its API program with fintechs.

By 2022, eftpos plans to deliver an all-in-one digital wallet that will combine its digital identity solution, loyalty and rewards, electronic receipts, deposits and withdrawal functions, and QR code payment system.

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Keywords: eftops, Australia, QR code, payment system, merchants, mobile payments
Categories: Payments & Commerce
Countries: Australia
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