The BCRA implements a new single standard for QR codes for transportation. The implementation deadlines and objectives of the standard.
He Central Bank (BCRA) established this Thursday a single QR code standard to make payments in the public transportation system. This was established through the Communication “A” 8138.
According to sources from the entity, Scope, “before the end of the year, the standard will be established” and the purpose of this measure is “build an open, competitive and interoperable system in transportation payments.”
Until now, Seven proposals were received and the standard will be defined within the Payment Methods Commission (CIMPRA)..
This is an arduous task since, as indicated, “There are not many experiences in the world of QR payments in transportation.” So far, the cases are in China, Chile and, now, it is starting in Mexico.
The measure “It allows us to improve the user experience, make this payment method efficient throughout the country, promote incentives for implementation and expand the freedom of choice of people who travel,” the BCRA said.
It is worth noting that the system is the opposite of that of businesses. In the public transportation system, There will be a QR reader at the access points and the code will be generated through the wallets.
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
