QR codes: what, how, who?
What are QR codes and payment buttons on invoices?
QR codes and payment buttons on invoices are innovative tools designed to streamline the payment processes for businesses and customers alike. Thanks to payment buttons or QR codes a customer can simply scan the QR code or press the payment button and pay using their preferred payment method like, Bancontact, Visa, Mastercardor a bank transfer.
When are QR codes and payment buttons on invoices used?
These features are commonly used in various industries, ranging from retail and e-commerce to hospitality and professional services. They have gained popularity due to their efficiency in enabling Swift and secure payments.
Who benefits from the use of QR codes and payment buttons on invoices?
Businesses benefit from the adoption of QR codes and payment buttons as they expedite the payment collection process, reduce administrative overhead, and enhance customer satisfaction. Customers benefit from the convenience and ease of completing transactions, whether online or in-person.
Moreover, studies show that digitally collecting money improves your sales cycle exponentially.
How do QR codes and payment buttons on invoices work?
QR codes are two-dimensional barcodes that contain encoded information, such as payment details or website links. By scanning the QR code with a smartphone or other compatible device, customers can initiate a payment directly from their preferred payment app or platform. Payment buttons embedded in digital invoices provide a clickable interface for customers to swiftly initiate payments. With just a few clicks, customers can authorize transactions using their preferred payment method, such as Bancontact, Visa, Mastercard or a bank transfer