VTB and Burger King launch QR-code payments

According to a recent announcement, VTB Bank and the Burger King restaurant chain have implemented the ability to pay for orders in restaurants using QR codes through the Bank of Russia’s quick payment system.

Russia is not the only country getting into the QR code game. In fact, according to a recent article by Mercator Advisory Group’s Sarah Grotta, PayPal announced that they will begin to offer this type of solution in many countries, including the U.S. Not only will this enable more merchants to accept non-cash payments, but it has the added benefit of creating a contact-free exchange between merchants and consumers which is certainly on everyone’s mind these days.