The Chinese companies involved are Alibaba Group Holding and Tencent Holdings’ WeChat Pay. The remaining companies are Line, Mercari, and NTT Docomo from Japan.
Japan-based systems developer Digital Garage created a QR that can be used across various services. Docomo has plans to launch it during the summer of 2019, while the others are expected to do the same soon afterwards. A unified QR code aims to increase the number of users.
With Digital Garage’s unified payment platform, merchants will only need to display a QR code on smart devices or on printed paper. When consumers scan the QR code with their smartphones, the service is automatically determined, and the payment will be processed.
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