Global QR code payments were valued to around $2.2 trillion in the year 2021 and they are expected to reach $2.8 trillion in the year 2025. QR codes help in making digital payments in physical stores and small businesses globally are accepting the QR codes. Setting up the QR code payments is fast and convenient. There is negligible set-up and you do not need to have high-end infrastructure for installation. These payment modes are convenient to customers too.
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