Absa launches QR payments on its banking app

Absa announced that it has launched a new feature on its app which will allow customers to make QR payments using the bank’s mobile app.

“Against this background, Absa continuously looks to improve the payment experience for our customers and we constantly consider various technologies as they become available to the market,” said Cowyk Fox, Absa Managing Executive for Everyday Banking at Absa Retail and Business Bank.

How it works:

To make payment, use your phone’s camera to take a shot of the QR code at till points.

The payment is then subjected to customer authentication. Customers need to input their banking app PIN to complete the payment. The service is free of charge.

“As a sign of our confidence in the security of Absa’s QR Payments, customers automatically have the security of Absa’s market-first free digital fraud warranty, which all customers who make use of the Absa Mobile Banking App have access to,” added Fox.

Written by: Gabriella Steyn.

Guzzle Media