The Story of the QR Code - What is a QR code and how does it work?

•  A QR code (short for Quick Response code) is an array of black and white squares or pixels set in a grid that stores data for a machine to read. A smartphone or camera can quickly process the information contained in a QR code's specific arrangement of pixels, making it a convenient way to store and access data.

• QR code technology has been embraced as a solution for e-wallets and ticketing in the public transportation industry in the Philippines. QR codes, or Quick Response codes, are square, black and white codes that can be scanned with a smartphone or other QR code reader to access information or perform a specific action. In the case of public transportation, QR codes are being utilized to make the process of purchasing tickets and accessing transportation services more convenient and efficient. 

• TERMINALS or PORTS
• BUSES
• TAXIS
• TNVS
• TODA ( tricycles )
• TRAINS

•  QR codes are being used as an e-wallet solution for public transportation in the Philippines is through the use of QR code-based payment systems. Passengers can load their e-wallets with funds and then use their smartphones to scan QR codes to pay for tickets and other transportation-related expenses. This eliminates the need for physical tickets or cash and allows users to easily track their expenses. 

• QR Convenience- a quick & convenient way to make payments, Cost effectiveness in operations, Security, Improved efficiency, Tracking and Analytics, better marketing opportunities and faster check out processes.  QR codes offer a range of benefits in QR Payments, QR Transit, and QR Market. 

INTEL-SOLN QR CODE SECURITY AND RISK MITIGATION & UNIQUE FEATURES

• Ability to de-activate the QR Code in case of service discontinuation or QR code is compromise.
• Ability to set -up an expiration date for every QR Code generated. This is for Payment or Token expiration.
• Ability to associate another payment token to an existing QR code ( in case, the initial payment token is already expired.)
• Ability to re-print or regenerate a new QR Code from an exisitng payment token. ( In case, the customer or user feels that the exisitng QR code may have been compromised. )
• Ability to set transaction limits ( Weekly, Monthly, Quarterly or Annually) This is to avoid the QR code from being overdrawn in case of compromise.

Introducing QRX eWallet,  a whole new digital experience for FINANCIAL SERVCIES, in support to Bangko Sentral Ng Pilipinas (BSP) QR PH. For Cashless, Effortless & Seamless Transactions. 

• Pay / Transact with ease and convenience
• Cashless Transactions
• Unique & Straightforward
• Ease of Doing Business

QR X - QR Express, QR Exchange, QR Experience 

The Power To Unleash Robust and Flexible Financial Management System!