As a result, the QR payments industry is largely fragmented, with multiple networks and standards competing for market share. There is a clear need to provide consumers with a significantly more predictable, one-stop QR payment acceptance service that is:

• Frictionless
• Seamless enrollment
• Not linked to multiple third-party apps and
• So slick, it differentiates banks from the competition

Built-in QR code acceptance with instant issuance

Entersekt offers a solution that enables your customers to make QR payments directly from your banking app. Once integrated into your back-end infrastructure through Entersekt’s API, the functionality becomes immediately accessible through a simple app update.

The service requires no additional downloads or registrations from customers. Being in-app, it also negates the need for manual loading and maintaining of bank cards in multiple third-party QR provider payment apps or wallets.

Entersekt’s QR payments solution also makes provision for instant card issuance. It conveniently allows customers to pay with newly acquired bank cards that are active but not yet physically issued, wherever QR payments are accepted. 

How our QR payments solution benefits you

Entersekt’s QR payments service provides a secure, convenient, in-app alternative to carrying cash or juggling multiple apps, with the following benefits for them – and for your business:

Superior user experience

• Comprises user-friendly back-end institution APIs and mobile libraries
• Easy to install, upgrade, and maintain
• No registration, third-party app downloads, or wallets to manage

Robust security

• Built with Entersekt’s security at its core
• Digitally signs all payments for non-repudiation
• Lowers fraud risk, thanks to Entersekt’s strong customer authentication solution

Seamless innovation

• Supports Visa, Mastercard, and American Express
• Accommodates Masterpass app-to-app payments for merchants
• Makes provision for instant card issuance