Over the last two years, contactless payments have become an essential payment method for businesses. Our changing environment has created the need to have less physical contact with payment devices when making or receiving payments. QR payments are one of the more popular options that have emerged because of the consumers changing needs.
The QR Code is an image that can be read by devices such as smartphones and tablet cameras. QR scanners on devices or within apps will either redirect purchasers to a payment gateway or use the associated wallet in the app to make payment.
QR codes serve many purposes, but one of the more convenient uses is to accept payments from customers. The transaction is encrypted, making it a secure way for customers to pay. Whilst QR codes make it easy for customers to scan and make payment, barcodes mostly track inventory, the cost of an item, and can only be read in-store by the retailer.
Netcash’s Scan to Pay solution allows customers to make payments with their smartphones by simply scanning a unique QR code using a wallet or banking app. Payments are made from a mobile phone, directly into your Netcash account and confirmation of payment is sent to you via email or SMS.
This solution makes it safe and easy to make payments and receive payments in-store, online and on the go.
Customers can choose from multiple wallets and banking apps to scan the unique QR code with ease. All the purchaser is required to do is open the wallet or banking app and scan the QR code. This will invoke the payment process.
Capitec Banking App
Nedbank Scan to Pay
Print – Print your unique QR code and display it on countertops, windows and at till points for customers to easily scan and make a contactless payment.
Online – Display the QR code for payment on quotes, invoices, statements or till slips.
Mobile App – Generate a unique QR code on your Netcash Mobile App and allow customers an easy Scan to Pay option on the go.
Your customers no longer need to have cash, all they need is a smartphone.
Digital wallet users do not expose their card details and as a result, the risk of fraud is reduced. Any information transferred via QR codes is encrypted making the payment safe and secure.
The QR code is portable and can be used anywhere you need to accept payment.
Using QR codes means instant payments. Once the user has scanned the unique QR code and authenticated payment, within a few seconds the merchant will receive confirmation of payment status.
Regardless of whether you’re a small or large business, online or in-store, at markets or on business premises, Scan to Pay is the perfect solution to allow hassle-free contactless payments.
Offer your customers a safe, secure, and contactless payment method today!
Established in 2003, Netcash is a payment solutions provider delivering debit orders, salary and creditor payments, Pay Now, eCommerce, and risk report services to South African businesses and organisations. The company provides multiple innovative and integrated online payment solutions that are efficient, simple, and cost efficient. Netcash is registered with the FSCA, PASA and is PCI DSS Level 1 compliant.