How EPC-QR-Pay works?

EPC-QR-Pay, also known as GiroCode, is a cutting-edge technology that revolutionizes the way we make transactions. By utilizing QR codes, this innovative method allows users to effortlessly and securely complete payments through their smartphones with banking app.

To begin with, customers simply need to scan the unique QR code displayed at participating merchants using their banking app. Once connected, all pertinent transaction details are transmitted wirelessly in real-time. These details typically include information such as purchase amount and product description for verification purposes. After verifying these details on their end, users can confirm the transaction by entering a personal identification number (PIN) or using biometric authentication methods like fingerprint recognition or facial scanning—ensuring unparalleled security throughout the process.

The completed transaction is then promptly reflected on both parties' records while providing convenience and efficiency for individuals who no longer have to carry physical cash or cards when making purchases—with just a simple scan via EPC-QR-Pay yielding seamless monetary exchanges at any establishment that supports it.