BOB Financial
BOB Financial and Mastercard to launch world s first QR on card programme to simplify digital payments ANI | Updated: Apr 22, 2021 13:46 IST
Mumbai (Maharashtra) [India], April 22 (ANI/NewsVoir): Mastercard and BOB Financial Solutions Limited (BFSL) have come together to offer an easy, frictionless payment solution for cardholders with the launch of ConQR - a Mastercard QR on Card solution.
This solution uses a Mastercard patented technology which enables cardholders/ SMEs to accept cashless payments using their cards. By doing so, QR on Card makes payments more flexible and empowers cardholders (mainly small merchants) to spend and earn on the same card. The solution does not require cardholders to give out personally identifiable information to receive payments, providing them with an important layer of security.
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