Tinkoff Bank rolls out Smart Engines technologies to enable QR-based payments

The intelligent QR capture solution allows fast payment of taxes, fines, invoices, utility bills, and other receipts in the bank’s mobile app, according to the official press release. Over the last 4 years Tinkoff has been using Smart Engines solutions to support automatic recognition of passport, driver’s license, vehicle registration certificate, insurance policies, and bank cards for the users of the bank’s mobile app (iOs and Android), and server solutions.

The QR code scanning system allows Tinkoff clients to make purchases and money transfers, as well as pay various kinds of receipts, directly in the mobile application without the need to manually enter the details from those documents. Upon recognition, which is carried out on the user’s mobile device, with help of the camera, the data from printed or digital QR codes gets automatically entered relevant fields.

The solution supports both the latest versions of smartphones and old, low cost mobile devices equipped with a camera. The recognition is performed in a video stream, in real time, and all calculations in the recognition process are performed on the user's device.