During COVID-19, pulling out a smartphone and scanning a QR code to enter a venue has been a necessary activity for millions of Australians. Soon, it could become a common way to pay.
Supermarket giants Coles and Woolworths, along with Commonwealth Bank and National Australia Bank, are supporting a new QR payments platform developed by eftpos.
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James Eyers writes on banking, payments and fintech. He is a former legal and investment banking editor at the AFR, has degrees in commerce and law from UNSW, and is co-author of Buy now, pay later: The extraordinary story of Afterpay Connect with James on Twitter. Email James at jeyers@afr.com.au
