Kuapay Uses QR Codes For Mobile Payments
The start-up is looking to compete with the big companies for a share of the mobile payment market, with its simple and easy system.
Kuapay is offering consumers and merchants a fast and secure mobile payment option, without the need for NFC-enabled devices. On their iPhone, BlackBerry or Android apps, users can enter their credit card information. When they want to make a payment, they simply log in to the app with a PIN number and present the cashier with the QR code that appears on their mobile’s screen. The code is then scanned and the users account is charged.