QR payments encode payment instructions in a scannable code that can be read by mobile devices. They remove the need for specialized hardware, letting SORA Card users and CBDC pilots like Bokolo Cash settle transactions instantly while retaining on-chain auditability.
QR Payments
DefiPayments completed by scanning a Quick Response (QR) code. QR flows are widely used in SORA Card pilots and CBDC deployments to provide low-cost merchant acceptance.
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Definition
QR payments encode payment instructions in a scannable code that can be read by mobile devices. They remove the need for specialized hardware, letting SORA Card users and CBDC pilots like Bokolo Cash settle transactions instantly while retaining on-chain auditability.