NFC payments 🆚 QR payments: Which will be the best payment method in 2024?

NFC payments 🆚 QR payments: Which will be the best payment method in 2024?
NFC payments 🆚 QR payments

Hey FinTech Fanatic!

Google has entered into a Memorandum of Understanding with the National Payments Corporation of India, aiming to extend the reach of UPI (Unified Payments Interface) beyond India's borders.

This strategic move will allow Indian travelers to conveniently use Google Pay (also referred to as GPay) for transactions in foreign countries, thereby reducing the reliance on cash or international payment methods.

Furthermore, the agreement includes plans to create a digital payment system akin to UPI in various countries. The primary objective of this initiative is to ensure a smooth and hassle-free experience in conducting financial transactions globally.

I have to say, the UPI story in India is getting more impressive by the day!

Now over to you: NFC payments 🆚 QR payments: Which will be the best payment method in 2024?

The landscape of payment options has expanded substantially in the fast-paced world of digital commerce. Among the different solutions, two popular rivals have emerged: NFC Payments and QR payments.

Each method has its benefits and constraints, giving consumers the chore of determining the best payment option for their needs.

What do you think? Vote, and let me know why in the comments below👇

NFC payments 🆚 QR payments POLL



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