Paypal Introduces QR Codes for Retail Payments
QR codes are getting a small push from PayPal – the company is introducing a mobile payment system that uses the not so popular technology. Merchants who want to use the new payment service, PalPal Beacon, can opt to let customers scan a QR code or simply by using a four digit code to validate the payment. Customers must install a PayPal app to participate.
From Paypal’s official announcement:
This new technology lets consumers make purchases by scanning a QR code on their mobile phone, or receive a short four-digit code on their phone to complete a purchase.
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