Why QR Code Payment Gradually Gain Popularity Across The World?
Burma planned to launch national standard QR code MMQR recently after Japan issued its unified QR code JPQR. As more and more countries issue policies to promote QR code payment development, it is expected to become one of the global popular payment methods. Why QR code payment will gain more popularity during the epidemic? And how did QR code payment become popular step by step? If we want to know something of it, we should start with its development resistance and advantages. To begin with, people should take it in mind that credit card payment will be badly impacted once QR code payment widely use to a certain extent. This condition will further affect the interest of relevant banks, consortiums and enterprises, which are the strong financial sources in the country. Without national policy support, merchants are unwilling to input much sunk costs to promote QR code payment. Importantly, If not capital and technology input to optimize consumer experience, consumer won’t ea...