MERCHANT PAYMENTS VIA CONTACTLESS TECHNOLOGIES (NFC OR QR CODE SCANNING).
Needless to say, in our digital world, more and more merchants have started to realize the need for deploying various technologies that accept digital wallets like s-wallet.
Retail clients can make in-store payments using mobile s-wallets via contactless methods like near-field communication (NFC) and QR-code.
NFC is a contactless remote technology that works within a close distance (up to 10 cm) and provides people with secure payment between POS devices and smartphones.
QR code is short for Quick Response code and is very similar to a barcode. The user can easily scan the QR code via the camera on a smartphone. The smartphone interprets the barcode, and a related application or website opens.
Considering the ever-increasing user demand for contactless transfers and the convenience it offers, providing NFC and QR payment in s-wallet feature.