National QR payments and rewards system to be launched in Australia

Australia’s Eftpos national debit card system is to launch a QR code-enabled mobile payments and rewards network that will enable seamless payment experiences across ecommerce, mobile and point of sale.

The national QR code payments network aims to provide Australian consumers and merchants with better data-rich payments experiences no matter where they choose to shop — online, on their mobile or at the checkout, the debit card system adds.

Eftpos aims to have the QR code payments network in trial by mid-year, designed to be low cost and facilitate many value-added opportunities for merchants and consumers.