Technologies for Loyalty Points: NFC or QR?

Compare NFC vs QR

Over the last five years, in particular, people utilized other forms of payment to perform transactions. With the evolution of technology, money and payments have changed drastically. Current credit card processing technology and advanced business solutions make financial transactions possible at almost any time and virtually any place.

These are two genuinely new technologies that are going toe to toe for control of your mobile wallet: Quick Response Codes(QRC) and Near Field Communication(NFC). Near Field Communication and QR codes are there for individuals who need time-saving. It is impossible not to compare these promising technologies.

What is NFC?

NFC is a short-range remote technology that enables simple and secure communication between electronic devices. It might be used in combination or on its own with other remote technologies, such as Bluetooth.

The worldwide Near Field Communication(NFC) market is expected to achieve USD 47.43 billion by 2024, according to a new report. The emergence of the mobile wallet services has allowed users to pay for services through cashless payment(debit/credit card) or through mobile devices, which have further enhanced NFC market growth.

nfc-market-growth

For example, you could transfer large files between two devices, such as a laptop and a desktop, simply by touching the two together.

NFC

The driving factors of NFC Market are as follows:

Contact-less(debit/credit card) payments

Increasing access to smartphones

Security of data & Convenient Transfer

What is QR Code?

QR codes are scanned by the camera in your smartphone, and they can be shown at a register or printed on a receipt. Scanning this code enables people to complete a transaction, and a phone can likewise display one of these codes and allow a customer to receive information about someone’s credit or debit card. This technology can work on either Android or IOS platforms.

“The market is colossal and it is still growing,” said Wei Shen, deputy director of the research institute that specializes in QR codes. He evaluates that more than $1.65 trillion of transactions used the codes a year ago, representing about a third of all mobile payments in China.

qr-code-scan

 

The most advanced method for using QR codes offers technology “QR Pal”. It enables users to pay for goods with their PayPal accounts. Also, QR Pal developers guarantee that users will have the capacity to link their debit/credit cards for QR payments.

Most tech specialists believe that smartphones with NFC technology will exceed expectations credit cards by 2020. On the other hand, nowadays the majority of people already have smartphones with cameras and have access to free QR scanning programs.

Comparison of NFC vs QR:

Details

NFC

QR

Security Risk

Security Risks – must know about malicious sites with viruses, theft of personal data and relay attacks. Security Risks – always look at the address you are directed to

Password

Used Strong Password No need of Password

Require

NFC chip pre-installed (Android) Require Software Installed

Need

Scan on demand Need to open the app for scan
Scan on the fly Needs good camera + focus

Code Scan

Universal NFC tag codec Not all QR codes are the same

It is hard to say which technology is better because all have its pros & cons. Almost all Fortune 500 companies are using NFC and QR Codes in a way or another in automation of inventory management, transactions and lot many use cases.

We have extensive experience in developing or automating use cases using NFC and QR code technologies, kindly contact us on technology@itoneclick.com

oneclick

This entry has 72 replies

  1. suba me says:

    3yH0J7 There is definately a lot to learn about this subject. I love all the points you ave made.

  2. Thanks again for the blog post. Want more.

  3. chocopie says:

    QBx4bV Very neat blog article.Thanks Again. Awesome.

  4. “Link exchange is nothing else except it is just placing the other person’s web site link on your page at suitable place and other person will also do same in favor of you.”

  5. You should be a part of a contest for one of the highest quality websites on the internet. I most certainly will recommend this website! http://ebbest7blog.weebly.com/blog1/on-line-playing-why-online-playing-is-becoming-popular

  6. I cannot thank you enough for the article.Really thank you! Cool.

  7. Thank you for your blog.Thanks Again. Want more.

  8. I wanjt to encourage conttinue your reat work, have a nice holiday weekend!

  9. Say, you got a nice article post.Really thank you! Cool.

  10. to continue your great job, have a nice afternoon!

  11. Terrific work! That is the type of info that should be shared across the net. Disgrace on Google for no longer positioning this put up higher! Come on over and seek advice from my web site. Thanks =)

  12. Well I truly liked reading it. This article provided by you is very effective for accurate planning.

  13. This web site is my inspiration , really great design and perfect written content.

  14. free movies says:

    I truly appreciate this post.Thanks Again.

  15. It as not that I would like to copy your website, excluding I in fact like the explain. Possibly will you discern me which design are you using? Or was it custom made?

  16. animal porn says:

    plumbing can really plumbing can really be a hardwork specially if you are not very skillfull in doing home plumbing.,

  17. free dog says:

    subject but typically folks don at talk about these issues.

  18. I was suggested this web site by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my problem. You are incredible! Thanks! http://10emma2diary.weebly.com/blog1/work-from-home-writing-in-your-spare-time

  19. This is one awesome blog. Really Great.

  20. Way cool! Some very valid points! I appreciate you penning this article plus the rest of the site is extremely good.

  21. tra gung says:

    post. They are very convincing and can certainly work. Nonetheless, the posts are very brief for starters.

  22. artros.org says:

    You made some decent points there. I looked on the net for more information about the issue and found most people will go along with your views on this website.

  23. we like to honor lots of other world-wide-web web sites around the internet, even if they aren

  24. I truly appreciate this blog post.Thanks Again. Want more.

  25. Very good info. Lucky me I ran across your blog by accident (stumbleupon). I ave saved it for later!

  26. When someone writes an article he/she retains the image of a user

  27. It’а†s really a great and useful piece of info. I am satisfied that you just shared this helpful info with us. Please keep us up to date like this. Thank you for sharing.

  28. Spot on with this write-up, I really believe this website needs much more attention. I all probably be returning to see more, thanks for the information!

  29. Thank you ever so for you blog post.Really thank you! Really Great.

  30. You need to take part in a contest for the most effective blogs on the web. I will suggest this website!

  31. drawing says:

    Valuable information. Lucky me I found your site by accident, and I am shocked why this accident did not happened earlier! I bookmarked it.

  32. This is very interesting, You are a very skilled blogger. I ave joined your rss feed and look forward to seeking more of your magnificent post. Also, I ave shared your site in my social networks!

  33. mca bbb says:

    This blog was how do I say it? Relevant!! Finally I ave found something which helped me. Thank you!

  34. Lovely blog! I am loving it!! Will come back again. I am taking your feeds also.

  35. Superb points totally, you may attained a brand brand new audience. Precisely what may perhaps anyone suggest regarding your posting you made a couple of days before? Virtually any particular?

  36. Lung Health says:

    This post is invaluable. When can I find out more?

  37. It as nearly impossible to find experienced people for this subject, however, you sound like you know what you are talking about! Thanks

  38. This is a great tip especially to those fresh to the blogosphere. Simple but very precise info Thank you for sharing this one. A must read article!

  39. click here says:

    Nie and informative post, your every post worth atleast something.

  40. Marinewaze says:

    whoah this blog is wonderful i love reading your posts. Keep up the great work! You know, many people are searching around for this information, you can aid them greatly.

  41. click here says:

    I was same pleased to find this website. I wanted to thank you for your calculate representing this admirable post!!

  42. I wanted to thank you for this great write-up, I definitely loved every small bit of it. I have bookmarked your internet site to look at the newest stuff you post.

  43. You completed several nice points there. I did a search on the theme and found the majority of folks will consent with your blog.

  44. You can certainly see your expertise in the work you write. The world hopes for more passionate writers like you who aren at afraid to say how they believe. Always go after your heart.

  45. Say, you got a nice post.Much thanks again. Want more.

  46. This is a very good weblog. Keep up all the function. I too love to weblog. This really is wonderful every person sharing opinions

  47. Really enjoyed this article post. Great.

  48. The Birch of the Shadow I believe there may be a couple of duplicates, but an exceedingly useful listing! I have tweeted this. Many thanks for sharing!

  49. you got a very excellent website, Glad I observed it through yahoo.

  50. Wow, marvelous weblog format! How lengthy have you been running a blog for? you make blogging look easy. The entire look of your site is wonderful, as well as the content!

  51. hello there and thank you for your info ? I have certainly picked up anything new from right here. I did however expertise several technical issues using this site, as I experienced to reload the website a lot of times previous to I could get it to load properly. I had been wondering if your hosting is OK? Not that I am complaining, but sluggish loading instances times will often affect your placement in google and could damage your quality score if ads and marketing with Adwords. Well I?m adding this RSS to my email and could look out for much more of your respective intriguing content. Make sure you update this again very soon.. sarkari naukri 2019 http://www.helios7.Com/sarkari-naukri

  52. Racecar says:

    Professor Baiks dbproplan celine bags outlet

  53. Texas says:

    I was suggested this website by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my trouble. You are amazing! Thanks!

  54. I simply want to say I am new to blogs and certainly loved this web blog. Likely I am planning to bookmark your blog. You really have exceptional well written articles. Regards for sharing your blog.

  55. Do Phuot says:

    not sure why but I think its a linking issue. I ave tried it in two different browsers and both show the same outcome.

  56. Thanks for the article post.Thanks Again. Keep writing.

  57. Wonderful article! We will be linking to this great article on our website. Keep up the good writing.

  58. JAPAN JERSEY ??????30????????????????5??????????????? | ????????

  59. We stumbled over right here by a unique web page and believed I might check issues out. I like what I see so now i am following you. Look forward to locating out about your web page for a second time.

  60. Thank you, I ave been looking for details about this topic for ages and yours is the best I have found so far.

  61. Informative and precise Its hard to find informative and precise information but here I found

  62. Really informative blog article. Fantastic.

  63. it and also added in your RSS feeds, so when I have time I will be

  64. learn more says:

    Thank you for this entry. Looking forward to next one.

  65. wow, awesome article.Really thank you! Keep writing.

  66. Thanks for the news! Just was thinking about it! By the way Happy New Year to all of you:DD

  67. I really liked your blog article.Much thanks again. Great.

  68. You have mentioned very interesting points ! ps nice site. I just wish we knew a little less about his urethra and a little more about his arms sales to Iran. by Andrew A. Rooney.

  69. Pierre signe astrologique horoscope septembre balance Here is my homepage; voyance en ligne gratuite

  70. this website says:

    Really informative post.Thanks Again. Will read on

  71. Wow! Thank you! I continually needed to write on my blog something like that. Can I include a part of your post to my site?

  72. Woah! I am really enjoying the template/theme of this blog. It as simple, yet effective. A lot of times it as tough to get that perfect balance between usability and visual appearance.