AusPayNet: Issues guidelines to facilitate QR-code payments

AusPayNet: Issues guidelines to facilitate QR-code payments

  • AusPayNet the payments industry self-regulatory body has published guidelines for QR codes as a payment method
  • The guidelines will be voluntary for financial institutions, payment service providers, merchants, and other payments industry
  • Guidelines for QR-code payments follow widespread public use of QR codes in Australia to support contact tracing
  • The growing popularity of QR codes for payment transactions is attributed to their ready adoption by consumers
  • QR codes were fast-emerging as another option for merchants to offer a quick
  • Australians became familiar with and comfortable using QR codes during the pandemic
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...