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Why transactions via QR Codes are set to go up in Kenya

In today’s marketplace, Quick Response (QR) codes are a common sight, showing up on everything from simple product packaging to roadside billboards and even menus in estate restaurants. Increasingly, the convenience of accepting payments through a quick code scan is luring more customers and business owners, and regulators such as the Central Bank of Kenya. The QR code system allows businesses to take payments without having to spend money on pricey new equipment deployed by various service providers. With the need for quick and secure digital payment methods becoming even more urgent as e-commerce and online shopping takes root, globally QR codes are increasingly becoming…

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