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October 8, 2013 05:54 pm GMT

PayPal Lets You Pay With QR Codes

Qr-code

PayPal wants mobile payments to take off so badly that it has embraced a fairly unpopular technology — QR codes — to achieve that goal

The eBay unit will soon let consumers complete payments by scanning a QR code or receiving a four-digit sequence from a merchant. The company, which made the announcement at the Money2020 trade show in Las Vegas on Tuesday, was quick to emphasize that the move was not designed to "push technology for technology’s sake, but to truly make the paying experience better for consumers and to give merchants more opportunity to innovate without a costly investment."

See also: Microsoft Tag Shuts Down as QR Codes Struggle Read more...

More about Paypal, Mobile Payments, Qr Codes, Business, and Marketing

Original Link: http://feeds.mashable.com/~r/Mashable/~3/BoybYZyBpts/

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