How to Accept Alipay QR Code Payments
QR code payment is one of the most helpful and efficient applications for online transactions. Let’s get dive into the details to know more about it.
When it comes to QR code payment, there are multiple applications available in the market. Some of the common applications available include Alipay, WeChat, and PayPal. Among them, Alipay has been gaining more popularity when it comes to QR code payment. Even though online transactions have been pretty easy, the QR code payment technique has been accessible. It possesses a lot of advantages and lets us see the concept in detail.
What is QR code payment?
QR code payment is nothing but similar to the bar code, but instead of identifying the product, these QR codes are used to identify the merchant. Each person accessing the online payment gateways will have their QR code. This code can be used as an identification mark for their bank accounts linked with the payment gateways. So the customers can use this QR code to make the payment to the merchant using the QR code. The multiple online transaction techniques available in this form of QR code payment have gained more popularity during recent years.
Benefits of QR code payment
When it comes to QR code payment, there are few benefits available.
● Any customer can connect with the QR code payment system using their payment gateway.
● It allows easy access, and multiple people can make the payment at the same time.
● It is an open mode of transaction. Hence even Google pay uses and Amazon pay users can make the payment using the QR code of the merchant.
● QR code payment is easier to access and suitable for people of all categories.
● QR code payment also improves businesses.
To explain in short, QR code payment breaks the restriction existing between the merchant and the customers.
How to Accept Alipay QR code payments?
Some people confuse QR code payment with other cashless transaction services. This payment requires the customers to have Alipay or any other online payment services with scanning options. All the customer has to do is scan the QR code and send the payment through their payment device. If the QR code used by the merchant is not a general one and it belongs to any particular software, then the transactions can be made only through that particular software.
For example, when the merchant has an Alipay QR code, the customer should also use the Alipay application to scan and send the amount. But sometimes, the merchants receive a generalized QR code that accepts payment from all the gateways. The QR payment can be made only through online payment gateways like Google pay Alipay and others in the market. This will not work with card transactions or swipe transactions.
Features of QR codes
There are certain features available that you should know before accessing the QR code payment when it comes to QR codes.
Simple and quick – the entire process is quick, and it won’t take unnecessary time. QR code payments are preferred for their speed.
Readability – Unlike the bar code, this QR code can be easily read from multiple angles. So customers should have just to place the scanner on the code to complete their QR code payment process.
Data storage – The QR could have the ability to store a large amount of data within a small place. Even if the QR code you have on your store display is small, the payment can be made.
Why OceanPayments?
It can be quite challenging for the merchants to choose and purchase a generalized QR code for their requirements. So we at Oceanpayment offer you a chance to purchase a successful QR code payment with clear bank details for improving your business. For more details visit our website.
Over the past few years, paying with mobile phone has become a daily gesture in China. According to a survey, fast 92% of people in China’s largest cities use Wechat Pay or Alipay as their main means of payment. Thanks to the QR Codes, mobile payment become more fast and straightforward, which largely promoted the development of Ecommerce and retail markets. Today, let’s talk about how does QR Code Payment in Alipay work.
What is QR Code Payment
QR Code, shortened from Quick Response Code, is a well-known trademark for 2D barcode systems that contain information. Payment by QR code is a contactless payment method in which payment is made by scanning a QR code from a mobile application.
As we are living in a world that now depends on socially distanced payments, it has become a convenient and secure payment method that consumers are increasingly accustomed to. To use a payment by QR code, the consumer scans the QR code displayed by the merchant with his phone to pay for his belongings, enters the amount they have to pay and finally submit.
QR Code Payment in Alipay
Alipay QR-Code Payment, also know as In-Store Payment helps merchants realize fast collection in offline consumption scenarios. It supports three payment methods: user-presented payment, Order Code Payment and Entry Code Payment. Merchants can collect money in either of the following three ways to improve the efficiency of cashing and realize the real-time payment of funds:
User-presented payment
Merchants scan the user-presented payment code to collect payment.
User Experience:
- The customer presents the payment code for payment to the merchant.
- The merchant scans the payment code to collect the payment.
- The customer gets the payment result.
Payments Flow:
Order Code Payment
Customers scan the merchant-generated QR code with the order information to pay.
User Experience:
- The customer scans the order code generated by the merchant.
- The customer confirms to pay.
- The customer gets the payment result.
Payments Flow:
Entry Code Payment
Customers scan the merchant-presented entry code and enter the payment amount to pay.
User Experience:
- The customer scans the entry code generated by the merchant.
- The customer enters the payment amount and confirms to pay.
- The customer gets the payment result.
Payments Flow:
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