Static QR codes are used for facilitating quick and simple payments in various industries like delivery service, in-home services, in-store retails, taxi drivers, and street vendors. These can’t be tracked however, they can be rectified by adding the URL. The content of these QR codes is not editable. In this type of QR code, the URL of the actual destination website is placed directly in the QR code. There are two types of categories for QR codes. The sender, at last, confirms the amount to be paid and taps to complete the payment. The sender then scans the unique QR code that is generated in the recipient’s application. In this process, both the sender and the recipient open their applications. The retailer then scans the QR code with a scanner thus concluding the transaction. The QR code payment app displays a QR code that identifies with the user’s card details. In the QR code payment process, the user opens the payment app once the total transaction amount is set in the POS system of the retailer. Retailers scanning QR code on user’s phone screen Various offers and loyalty points might also be applied via the application in case it’s a store specific application. Afterward, they have to scan the code that is displayed on an individual product, paper bill, or at a store’s checkout. In this process, the user has to open the phone camera or the relevant QR code scan app. Some of it is mentioned below: Scanning recipient’s QR code with a smartphone There are many ways in which a QR code can be processed. There are also some payment and banking apps that can process QR codes for the purpose of bank transfers and payments. The user then just has to tap on it to finish the operation. All the user has to do is open the camera and place it towards the QR code this will immediately identify it and subsequently open a push notification. Nowadays, there are also many QR code scan apps available that allow users to scan the QR codes with the utmost ease. Tablet or a smartphone with an inbuilt camera.A barcode reader that has the capability to scan QR codes.To scan a QR code, you need to have one of the following things: That’s precisely the reason why you see QR codes both on apps as well as at the online stores. On the other hand, linear barcodes can be scanned only from the paper. One major difference between QR codes and barcodes is that the QR codes can be scanned from both paper and screen. However, in some countries, specifically China, it played a crucial role in the rapid growth of QR code mobile payment services as it enabled businesses to accept digital payments without investing in any hardware such as the point of sale terminal. Many experts have said that the QR codes didn’t take off as expected in its initial years. However, slowly it got adopted outside the automotive industry for applications that included item identification and marketing. Initially, QR codes were used in the automotive industry mainly for production, tracking, and shipping. QR Codes are quite similar to a bar code except for the fact that it can store a larger amount of information per unit area.Ī Japanese company named Denso Wave in the 1990s invented the QR Codes. Imaging devices such as smartphone cameras can be used to read these QR Codes. It has a pattern of black squares that are arranged on a square grid with a white background. The QR Code is nothing but a two-dimensional code. QR is an abbreviation for Quick Response. So, let’s see what QR codes actually are. In this article, we will see what QR codes are? What are its different types? How does it work? What are its benefits and drawbacks? And everything else that you should know about the QR Codes. Countries like France, Australia, Malaysia, Singapore, Switzerland, Thailand, Indonesia, and Canada are not far behind in the race.įurthermore, QR code is also witnessing a surge in Africa and the Middle East region where its total usage jumped from 12% in 2017 to 18% in 2018. US is not the only country where QR Codes are widely used. This number is way more than 9.76 million scans which were recorded in the year 2018. That’s the reason why we see it almost everywhere whether it’s for shopping, movies, ads, etc.Īccording to research by Statista, around 11 million households in the US alone will scan a QR code in the year 2020. The increased penetration of smartphones and access to high-speed internet has led to the massive adoption of the QR codes. Today, we all are well familiar with the iconic black and white square design of a QR code. Later on, I was pleasantly surprised to see how different and advanced this technology turned out to be.
I thought that it was just a fancier version of a barcode. I precisely remember the first time when I saw a QR code.
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