zahlo, Accept payments for 1% + €0.25 per transaction with built-in customer cashback. In-store QR payments + online checkout. SEPA Instant settlement, automatic loyalty program. No card terminal needed.
The whole idea of scanning random QR codes at merchants with their banking app will rightfully scare off a lot of people.
QR codes will be the biggest vector for fraud and abuse very soon.
There was already a huge issue with fake QR codes on parking meters in Switzerland.
It was so bad, Zurich started removing QR codes on parking meters as a method of payment again last year and is now warning people against scanning QR codes in public.
Meanwhile China for a good while went full QR payment with WeChat.
German banks Wero support: https://en.wikipedia.org/wiki/Wero_(payment)
This site tracks which banks support it: https://www.werotracker.eu/
Oh cool, new payment method.
From my perspective it’s very difficult to convince a significant number of consumers and sellers. To still make that a reality, you need an immense marketing budget or at the very least a very innovative feature. Otherwise you’re highly prone to fail. My hopes are on Wero or even simpler just to use bank transfer.
