In themselves, black and white squares with encrypted information appeared in 1994. Now they can be found on almost every building or monument, and in China also on every third bicycle and already on almost every price tag in the store or even on the market. With the proliferation of smartphones, the most popular form of QR use has become payments. The reason for popularity is the simplicity and availability on any smartphones, unlike ApplePay and analogs.
Download the application, bind the card and it's ready! In theory, solid pluses! The buyer does not need to transfer the card to the seller, "roll" or insert it into the terminal, thus avoiding skimming. However, is everything so smooth in practice? Let's figure it out ..
The concept of QR-payments was developed by the American giant Amazon. Actively develop the technology began Alibaba. Alipay integrated QR payments in 2013. In 2016, according to Alipay, the mobile payment service is used to commit more than 175 million transactions per day.
Gradually QR-payments went offline. Today in China, with the help of QR, you can pay in the supermarket, in the market, in taxis and public transport. The technology has become so popular that even homeless people with QR codes are found on the streets, asking them to transfer some money to their account. According to Reuters, to carry cash already does not consider it necessary for up to 70% of Chinese, so now it's simply not profitable for retail outlets not to offer the opportunity to pay for the QR code.
India is also trying to keep up with the under heaven. The Government of India has provided an interface for payments using QR codes - Bharat QR, created in cooperation with the International Payment Systems.
In spring, the development of the national standard QR was reported in Singapore - in the future, the authorities hope to completely abandon the cash and make Singapore a "smart state".
How it works:
- the buyer chooses the goods
- scans the QR-price-list through a special application
- the seller sees the receipt of money and gives the goods to the buyer
And since all platforms for QR-payments are licensed or even controlled by the Chinese authorities, transactions occur transparently and legally.
According to Chinese analysts, over the past year in China, through QR codes, transactions worth more than $ 1.5 trillion were made - more than 10% of the Chinese economy.
But, as it is not sad, scammers do not stand aside. Distinguish QR codes from each other and check their authenticity by eye is impossible. The swindler needs to replace the code with his own, and now, a naive user has already become a victim of phishing, registered on a fraudulent site or downloaded malicious software on his smartphone.
Such a phishing based on QR-codes, called QRishing (from the words QR and Phishing). In connection with the widespread dissemination of QR technology, QRishing has become one of the main reasons for online theft and Internet fraud. In 2014, the People's Bank of China introduced a ban on making QR-payments through third-party suppliers, citing concerns about their security. However, the ban was lifted in 2016.
Alipay, as the main provider of QR payments in China, is working on security, developing new mechanisms. At the moment, the payment system has the function of detecting phishing sites, it can determine whether the scanned QR-code is a malicious link.
When a threat is detected, the system issues an alert, but they are rarely read. Therefore, users' awareness of the safe use of QR codes is also important for the future of technology, as is work to improve security and detect fraud by payment systems.
- To bind cards to payment services, for which, before buying, you can transfer exactly the amount that is needed at the moment. This will avoid the loss of all money. Maps can be both virtual and real - not fundamentally.
- Carefully monitor what sites you go to. Whether these sites are genuine, also if you need confirmation with 3DSecure codes, carefully read the SMS - in them, as a rule, the bank indicates the resource on which the payment occurs.
- Carefully monitor the installed applications and what powers you give them.
Secure-transaction website QR-code