Google Wallet Advancement: QR Code Payment Supported!

The Google VP and country director for Brazil has recently revealed that the Google Wallet QR code payment is launching soon in Brazil. Within a few months, users in Brazil can use their Android phones to quickly pay by scanning the QR codes displayed by merchants.

How to make QR code mobile payments on Google Wallet?

Making QR code payments using Google Wallet is an efficient and convenient way. Users just need to simply lift their fingers to complete the payments to the merchants.

Step 1: Users open their Android devices and open the Google Wallet

Step 2: Open the QR scanner on the homepage and scan the dynamic codes displayed by merchants

Step 3: Enter the payment information and complete their payments

Why will Google Wallet QR code payment launch in Brazil first?

1. Mobile Penetration

Brazil has a high mobile phone penetration rate, with a large number of people using smartphones. This provides a solid foundation for the adoption of mobile payment technologies like QR code payments.

2. QR Code Adoption

Though the mobile penetration is high in Brazil, most smartphones don’t have NFC, which limits the usage of the current Google Wallet. By contrast, QR code usage is already popular in Brazil, with many merchants and consumers familiar with the technology. Building on existing familiarity and usage of QR codes makes it easier for Google Wallet to introduce and promote its QR code payment feature.

3. Market Potential

Brazil has a large and rapidly growing population, making it an attractive market for digital payment solutions. Additionally, a significant portion of the population in Brazil prefers to use cash for transactions, presenting an opportunity for Google Wallet to tap into this market and drive digital payment adoption.

What are the benefits of the launch of Google Wallet’s QR code payment?

1. Improve Payment Experience

By supporting QR code payment on Google Wallet, users are allowed to quickly make payments by scanning a QR code. This eliminates the need for physical cards or cash, making transactions faster and more seamless. Therefore, the convenience and efficiency in the payment process will be enhanced.

2. Extension of Google Wallet Application

Though Google Wallet has already been in a wide application now, not supporting QR code payment still limits its extension. The introduction of QR code payments extends the reach of Google Wallet to more merchants and customers, promoting widespread adoption and acceptance.

3. Improve Payment Security

With QR code payment, only the necessary payment information is encoded into the QR code itself. This means that a merchant or payment terminal does not have direct access to the user's sensitive data such as credit card numbers or bank account information. This reduces the risk of data breaches or unauthorized access to personal financial details.

How should merchants deal with the popularity of QR code payment?

1. Upgrade Payment Devices

Since the popularity of QR code payment is an unstoppable trend, it’s advised for merchants to upgrade their payment infrastructure to accept QR code payments. They may need to introduce payment devices compatible with QR code payments. A customer-facing screen is needed to provide convenience for customers to scan codes.

2. Training Staff

Staff members should be trained properly on how to handle QR code payment transactions. They should grasp the using method of QR code scanning and assist customers and eliminate their doubts.

3. Let Customers Know

Merchants should ensure that customers are aware of the availability of QR code payment as a payment option. They could achieve it through in-store signage, social media promotions, and other marketing channels. More details How To Choose The Right QR Code Payment Device?

The Smart POS Terminal, Telpo M8, is a suitable choice for merchants to catch up with the QR code payment trend.

1. Dual-screen design facilitates QR code scanning.

Equipped with an 8-inch main touchscreen and a 3.27-inch color screen, the Telpo M8 provides convenience for users to operate and for customers to scan the QR codes.

2. 200% performance improvement ensures smooth operation.

Running on a Quad-Core 2.0GHz processor and Android 12 OS, the processing speed of this smart terminal is 3 times faster than the average POS.

3. 110mm/s printing speed provides efficient receipt printing.

With a printer built in, the Telpo smart terminal can achieve a max printing speed of 110mm/s. By supporting image and QR code printing, merchants can easily promote their brands.

Welcome to contact us for more details. Telpo is sincere to be your cooperative partner to boost your business.

Tag: Goolge wallet, google pay pos machine, QR code payment, mobile payment, smart POS terminal, QR code scanner