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There are a variety of payment processors and apps that leverage QR codes to process payment. Whether you’re a small business or personal contractor, QR codes are an easy, seamless way to collect payments faster. Establishing more efficient payments and transactions leads to a happier, repeat customer. The best part is that Flowcode allows you to set up QR payments instantly–and for free.
In this post, we’ll also walk you through some other payment apps using QR technology, how to create a QR code for payment, and the pros (and cons) of QR code payments. Let’s dive in!
When a customer scans a QR code, they will be rerouted to a payment page, where they can either manually enter their payment details or use a mobile solution like Apple or Google Pay. The QR code operates as a POS (point-of-sale terminal), except with QR codes, your Smartphone essentially functions like your credit card.
Overall, QR codes are an excellent way to reduce overhead costs and bypass extra hardware needed to process payment.
When it comes to credit card payments, customers can scan a merchant’s QR code directly with their phones. They can connect their credit card to a mobile wallet like Apple Pay to complete the transaction, or enter their credit card details manually.
There’s no doubt that QR code payments are significantly on the rise, as they are a frictionless and universal tool. Given the inherent portability, low overhead cost, and ease of use for customers, businesses large and small should definitely consider using QR code payment.
If you use a service like PayPal as a vendor, it’s a breeze to link it up to a QR code (hyperlink). Your customer will then scan the code and enter the payment amount using the PayPal app directly from their phone.
Since the PayPal QR code app is not dynamic and remains the same, it’s the perfect solution for small businesses operating with small orders and inventory.
Stripe also has QR code technology, which allows you to create both static and dynamic codes. You can transform any payment link into a QR code from the Stripe Dashboard. Then simply copy or download an image of the QR code, which does not expire.
Venmo offers seamless ways to accept and pay payments using a Venmo business profile. Business owners can display a QR code in their storefront or include it at the point of sale to collect payment. Note that the Venmo app charges a 3% fee for a credit card transaction.
To personalize your QR code even further, you can swap out your more humdrum Venmo QR code for a snazzier one from Flowcode. Simply create your Flowcode, and link it up to your Venmo profile.
Another popular form of QR payment, Cash App Pay allows customers to pay both in-person and online merchants by scanning a QR code. To use Cash App Pay, customers do not need to have a linked bank account. Instead, funds come directly from their Cash App balance.
To pay using the Cash App QR scanner, tap the QR scanner in your Cash App, then simply scan the QR code at the point of sale.
The Zelle Pay QR code is another fast and easy way to pay for goods and services using QR code technology instead of typing your email address or phone number. To share your QR code with a recipient, open your Zelle mobile banking app, then click on the QR code icon at the top of the ‘Select Recipient’ screen. Then simply point your smartphone at the recipient’s QR code, enter the exact amount owed, then hit send. Voila!
In case you’re not familiar, Flowpage is a customizable landing page that allows your customer to connect with all the things you care about with the click of a link. If you’re a small business or personal contractor, Flowpage is a great central hub where you can add multiple payment options like PayPal, Venmo, Stripe, and/or Zelle and more. In fact, Flowpage has a pre-customized payment template, which you can find here in our templates page.
While QR code payments have many advantages, there are some disadvantages worth mentioning. QR code payments can sometimes be undermined by fraudsters, who can apply fake QR codes to be scanned at regular check out spots. For this reason, it’s important to work with a secure QR provider like Flowcode, which is constantly monitored by automated and human safeguards. That’s why over 70% of the Fortune 1,000 chooses Flowcode over its competitors.
To learn more about why QR security is important, check out our related blog posts on QR privacy and staying safe from fraudulent QR codes.
Ready to get started with your custom Flowcode?