Cashless payments are widespread in many countries and the volume of transactions has increased significantly over time, and even more a result of the COVID-19 pandemic. Enabling consumers to use QR-Code or Biometric technologies to authorize payments.
PayBy is focused on providing consumers and merchants with state-of-the-art payment solutions. Among which our highly secure, safe, and convenient payment experience utilizing Quick Response Code (QR-Code).
QR code payment is a secure contactless payment method where payment is performed by scanning a QR code from a PayBy mobile app or merchant POS. This is an alternative to doing purchases using cash or traditional bank debit/credit cards.
The idea of having a cashless society for payments and banking is no longer just a distant dream, but fast becoming a new reality here in the UAE.
Read more at The National