The use of QR for mobile digital payments is very popular in various emerging and developed economies. In China, for example, mobile digital payments account for over half of the country’s total transaction volumes.
In the Philippines, the use of the said technology is still in its nascent stage, and has yet to see an explosion in usage today.
Despite this GCash, operated by Globe Fintech Innovations Inc. (Mynt), sees the value of setting up as many QR-enabled merchants as possible, as it believes that the future of mobile digital payments lies on innovative technologies.
