QR code for smart payments have several benefits for both businesses and customers.
- They can be scanned from a screen, not just paper.
- They can be used to build a successful loyalty program.
- They require no hardware, so you don’t need a card swiper or POS hardware.
- They typically come with lower fees than card-not-present (CNP) transactions.
- They allow you to process payments from several customers at once since they scan the code and put in their payments themselves.