has announced plans to introduce a new QR code-based mobile payments system in Taiwan. The company claims that it is using QR codes in the hope that the universal platform will attract larger numbers of users than more limited platforms offered by Android Pay, Apple Pay and Samsung Pay. All three of those systems debuted in Taiwan this year, but Visa claims its cardholders in the country are not signing up for those services. Visa is using the EMVCo standard for QR codes, according to reports.
Visa is set to introduce QR code-based mobile payments in Taiwan. The firm is hoping that the move will attract customers away from the more limited payment solutions offered by Android Pay, Samsung Pay, and Apple Pay.