Shift4Payments launches QR Pay

Shift4Payments introduced contactless payment technology, called QR Pay, which scans QR codes on a receipt or a payment terminal at a retailer, restaurant or hotel and then completes the transaction via mobile phone.

“As businesses across the country reopen, they need to adopt to changing consumer preferences including a new focus on contactless technologies,” CEO Jared Isaacman said in a company release. “We developed QR Pay to provide a completely touchless payment experience that’s secure, safe and convenient.”

The technology is fully integrated into a number of point of sale and property management systems and includes support for online ordering and loyalty programs.