How do QR code payments work?
Find out how QR code payments work. The new and easy way to accept payments fast from around the world!
What is a QR code?
A QR code is a scannable code that when scanned will redirect you to a particular webpage or website. QR codes are being used by a variety of different businesses in a variety of different industries as they are a cool way to direct traffic to your website or to catch a customer’s attention.
What are QR code payments?
QR codes for payments work in the same way as mentioned above, but the difference is that when scanned, the QR code leads directly to a payment page where a customer can complete a payment.
A payment page is a webpage created by a vendor, where a customer can complete a payment or purchase of a product. Customers can choose from over 20 different payment methods and currencies with real-time conversion rates. Payments are processed immediately making it a highly convenient way to complete payments.
Put simply, QR code payments work by the vendor providing the customer with a scannable QR code. The customer then scans the code and is taken to the payment page, where the customer completes the payment and the vendor receives money instantly.
How to create QR code payments?
Here is a simple, step-by-step guide to how QR code payments work, and how they can be implemented into your business. QR codes provide a fast and easy way for your customers to pay.
1. Sign up and log into your PayRequest account (Signing up is free and takes just a moment).
2. Go to your payment page to create a QR code payment
3. Create the QR code payment by inserting a brief product description and the amount to be paid (price)
4. Once your unique QR code has been generated share it with your customers.
There are various ways to share the QR code with your customers. A few examples include; sharing the QR code on your website, Posting the QR code on social media and printing out the QR code, and placing it in your store or by your product.
You can create a different QR code per product or service that you offer. Each QR code remains unique to that particular product or service.
How do QR code payments work as a customer?
As a customer, you simply scan the QR code to be taken directly to the payment page of the vendor. On the payment page, you select your preferred payment method and click to complete the payment.
The vendor will be immediately notified of the payment making it a super fast, simple, no-code payment.
Are you ready to start accepting payments with PayRequest? Sign up today!
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