Re:How a QR code works
by s1mon on Friday September 16, 2022 @03:49PM
(#32871131)
I didn't say that the emulating China is what should be done in this case. I much prefer the UX of Apple Pay with my watch - it still feels magical.
It is interesting how much cheaper the QR based payment schemes are in China. Payment processors in the west charge 2-3% typically for tap/dip/swipe. In China, the QR transaction fee is a fraction of that. Also, a bunch of the infrastructure for printing, displaying, and reading the QR codes is pretty cheap.
It is interesting how much cheaper the QR based payment schemes are in China. Payment processors in the west charge 2-3% typically for tap/dip/swipe. In China, the QR transaction fee is a fraction of that. Also, a bunch of the infrastructure for printing, displaying, and reading the QR codes is pretty cheap.