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Visa program streamlines global QR code payment adoption
A new service is helping retailers adhere to newly introduced interoperability standards related to QR code-based payments. In a move to standardize emerging cashless payments, EMVCo, the global technical body that manages the EMV Specifications, released new global QR Code Payment standards — a move that will allow retailers to process mobile payments made through the two-dimensional machine-readable barcodes. Visa and the other EMVCo members worked to develop these new globally interoperable EMV specifications. -
Amazon’s Prime Now Singapore launch hits a snag
Amazon’s Prime Now debut in Singapore started off strong, but high user volume took a toll on the program’s first day of service. The service, which offers free two-hour delivery on tens of thousands of items ordered through the Prime Now app, launched on Thursday morning. By that afternoon, users struggled to use the service, according to CNBC.