How to accept payments via QR code in 3 simple steps with myPOS
Tips / 02.07.2021
As a merchant, you would have quickly become aware of the need by your customers to pay you in contactless ways. The Covid-19 pandemic raised safety concerns with the use of cash and the use of contactless cards started rising across Europe.
But apart from contactless cards, are there any other ways to make a contactless in-person payment? The answer is “yes” and it comes in the form of a QR code. But what is a QR code? And how to accept payments via QR code?
Keep reading to find out more!
Table of Contents
What is a QR code?
Simply put, a QR or Quick Response code is a two-dimensional sort of “barcode” that can be scanned to provide the user with additional information. Read from left to right and top to bottom, they store information as a series of pixels in a square-shaped grid and can be scanned easily by a digital device with a camera.
However, the world of QR codes has developed quickly and they can now be used to make in-person contactless payments for ease, convenience, and increased safety.
How to accept payments via QR code
The QR code functionality is linked to the Payment Request functionality, which you can access with ease from your myPOS mobile app or via your account on myPOS’s website.
To accept an in-person QR code payment, simply follow these three easy steps:
- Open your myPOS mobile app
- Tap on Payment Request, enter the amount, and choose QR payment
- Your customer scans the QR code to pay directly with their phone
The money is already in your myPOS account!
And if you’re using myPOS’s website then:
- Login in your account and click on Payment Requests
- Enter the requested amount and select QR payment
- You will get a QR code that your customer needs to scan
The funds are instantly settled in your account!
What payment methods can you accept with a QR code?
QR codes can help you accept different types of payment methods with a variety of cards, including Visa and Mastercard, as well as Google Pay, Apple Pay, and other mobile wallets.
Can you send receipts to customers who’ve paid with a QR code?
Once you’ve generated a QR code and your customer has paid you, you can easily send them a digital receipt via SMS or email so that they have proof of the transaction.
Do you need a myPOS merchant account to receive payments via QR code?
In order to receive payments with a QR code with myPOS, you need to be an approved merchant. However, our simple onboarding process makes the entire process simple.
Once verified, you also get a variety of value-added benefits such as instant settlement of funds, a free Visa business card, and a free merchant account with an IBAN to help you manage and access your funds with ease.