PRAVEX BANK has introduced a payment QR code for entrepreneurs in the PRAVEX ONLINE banking application. This feature will operate exclusively in national currency and within Ukraine.
QR payments are an effective tool and a useful innovation for businesses in the online space. The technology eliminates the need to copy IBAN and other details. Instead, it allows users to simply generate a payment QR code and send it via any messenger or email to the payer.
“Fast and secure payments via QR code provide maximum convenience for both entrepreneurs and their customers. This technology aligns with current expectations and reduces the risks associated with the human factor, such as errors in the recipient's details or payment purpose,” said Anatoliy Verbakhovsky, Head of the Small Business Department of PRAVEX BANK.
In general, the use of QR codes will help automate certain business processes and increase customer confidence.
More information and step-by-step instructions on PRAVEX BANK website.