Revolut rolls out QR code-based payments

Fintech challenger bank Revolut has rolled out touch-free QR code-based payments for business customers across Europe.

The services is targeted at business owners - from market stall traders to cafe proprietors - who can access QR codes on their phones using just the Revolut Business app, without needing to purchase any additional devices.

Users need to apply for a Revolut merchant account to access the feature, which generates a QR code which the customer can scan with the camera on their phone.