South Africa’s Standard Bank has refreshed its mobile app by enabling users to make payments using QR codes in retailers.
According to BusinessTech, the new app called SnapScan is the bank’s first mobile payments foray that allows users to pay for purchases with their smartphone and a combination of a QR code and a secure PIN.
In March, Standard Bank unveiled a new banking app for tablets and said a smartphone banking app would follow in the second half of the year, meaning the current announcement is slightly ahead of schedule.
The new revised app is open to all comers, not just the bank’s customers.
The bank originally launched its mobile banking app in June 2012.