Garanti BBVA Launches QR Codes For Business Banking Transactions

Garanti BBVA has rolled out a QR code service to facilitate transfers and cashless, cardless deposits and withdrawals for businesses, the company announced in a press release Thursday (Dec. 19). The new feature is on the Garanti BBVA corporate mobile app. Customers can click on the QR transactions option and use their smartphone’s camera to scan the code. No cards or account numbers are needed. The QR code can be used by business customers to quickly send and receive money. QR code recipients can send a payment by scanning the QR code in the app and finalizing the money transfer. There is no need to enter an IBAN number.