Payment Services with QR Code and Virtual POS
After the Covid-19 pandemic spread worldwide and became dominant in 2020, certain technological advancements were introduced into our lives to minimize physical contact and make our daily lives easier. These developments have remained as habits in our daily routines. Over time, these technological advancements have helped facilitate our daily lives and assist us in performing practical tasks. People began to actively use internet banking and shop online more frequently. Even after these necessities were no longer required, conducting banking transactions through mobile applications has continued to simplify our daily lives. The virtual POS and QR code payment options that emerged during the pandemic have not only minimized contact but also made payments more secure. Questions such as how to make payments with QR codes and virtual POS, and what they are used for, are still of interest to those who have not yet used them.
Payment with QR Code
What is payment with QR code? Payment with QR code is one of the practical payment options that minimizes contact with the POS by opening the QR code through the bank's mobile application instead of using a card, commonly used in places where we frequently shop, such as supermarkets, restaurants, and cafes. So, how is payment made with QR code? Also known as QR transaction or QR payment, this payment method is easily executed through a few simple directives on the bank's mobile application. The QR code on the POS is held up to the phone’s camera, and after the notification is approved, the payment is completed. After addressing questions such as where to scan the QR code and how to make the payment, let's delve into what the QR code is used for. The QR code offers a quick, secure, and practical shopping and payment experience and is also a frequently preferred payment method for international cards. This method, which minimizes card usage, is both more hygienic and a convenient payment method that prevents negative situations such as the card being lost or dropped.
Payment with Virtual POS
We have covered what QR code payment is and how it works. Nowadays, the concept of virtual POS is also a widespread and frequently preferred payment option. So, what is payment with virtual POS? Virtual POS is known as the payment part at the end of the shopping process, where the payment is securely completed after online shopping. It can be considered a digital version of physical POS. It is almost identical to POS devices. So, how is payment made with virtual POS? After any online shopping, the transaction is completed by entering card details instead of scanning a QR code through a card or bank mobile application. Payment with virtual POS is made by entering the card number, expiration date, and the CVC or CVV code on the back of the card. While making payments through virtual POS on each shopping site, a confirmation code is sent to the phone number or email address you entered on the website via the 3D Secure system. This way, an important security criterion is met to verify whether the person making the purchase is indeed you. After approving the security notification, the shopping amount is transferred to the e-commerce site or online shopping site where you made the purchase. One of the most important aspects of shopping online is being able to perform transactions quickly, practically, and securely. These criteria are easily met with QR code payments and virtual POS payments.