European Central Bank draws up plans for digital euro app for contactless and QR code payments

Fabio Panetta, European Central Bank (ECB)

The European Central Bank (ECB) is considering plans to develop a digital euro app that would enable consumers to use the proposed central bank digital currency (CBDC) to make contactless and QR code-based payments and “facilitate a standard approach to connecting end users to intermediaries” including banks and other payments processors... More





US Department of Agriculture to trial NFC and QR mobile payments for contactless state benefits

US Department of Agriculture Supplemental Nutrition Assistance Program (SNAP) cards for state benefit transactions

The US Department of Agriculture (USDA) is to run a series of pilot schemes to test the use of mobile payments technology to enable citizens entitled to financial support under its Supplemental Nutrition Assistance Program (SNAP) to receive benefits and make NFC or QR code payments for eligible purchases on their mobile device... More



Nearly 100m US consumers will be scanning QR codes by 2025

Graph from eMarketer forecasting that nearly 100m US consumers will be scanning QR codes for multiple use cases by 2025

The number of US consumers who use their smartphone to scan QR codes to make contactless payments and for a wide range of other use cases such as scanning codes in print publications, on restaurant menus and in retail outlets will rise from 83.4 million in 2022 to 99.5 million by 2025, according to an Insider Intelligence forecast... More