QR Code Payments

QR code or Quick Response code is a type of barcode that stores data in the form of dots or pixels usually arranged in a square shaped grid. This code in grid format is readable using mobile camera or app designed to scan and read QR codes. QR codes are capable of storing lots of data that allows the user to access information instantly, which is why it is called a Quick Response code.

It is necessary digital users are aware of uses, threats and safe online practices to be followed while using QR Codes for payments.

A QR code can store lots of information that can be accessed by the user instantly upon scanning the image. It can be used for various purposes like:

• Encoding website URLs, phone numbers,
• Tracking information related to products in supply chain
• Used for marketing and advertising campaigns
• As link to directly download an app 

Though a QR code has many useful applications, it is often seen that the fraudster misuse the same for malicious purposes. Some of the potential dangers or security threats that QR code  can pose include-

Malware attacks, Phishing attacks, Data leak

Though the Quick Response or QR codes enable fast and easy sharing of information/data quite easy, they can be manipulated by fraudsters to commit cyber frauds. It is therefore essential to be alert and follow suggested security tips to ensure safety while using QR codes.

Security tips:

• Ensure to install and use updated Antivirus
• Always scan QR codes from authentic sources only etc.,