Why RFID is gaining momentum in fashion

EMVCo, the global technical body that manages EMV Specifications, announced it has created a QR Payment Mark to promote global interoperability across EMV QR Code payments. In a press release, EMVCo said it “developed reproduction requirements and a free licensing structure to enable” everyone who uses “EMV QR Code solutions to use the mark.” The EMV QR Code Specifications was implemented last year to address two common QR Code payment use cases: consumer-presented, in which the consumer displays the QR Code on their mobile device and the merchant uses a scanner to read the code, and merchant-presented, in which the merchant displays the QR Code and the consumer uses their mobile device to scan the code.