integrated qr acceptance for retailers - electrum payments · the untapped closed loop market...

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Integrated QR Acceptance for Retailers Retail Solutions The Untapped Closed Loop Market Mobile phone apps are fast replacing people’s wallets; even exercise apps and wearables are able to facilitate payments. Most retailers are only offering traditional, open loop payment options, however, there is a case to add closed loop payment types; such as wallets, prepaid cards, vouchers, loyalty points and more, to your checkout offering. Seamlessly aggregate all payment types with one QR code Offering closed loop payments through an integrated and dynamic QR code system enables you to: • provide frictionless payment choice to your customers using any smartphone • offer multiple payment types within your brand’s mobile app • process the payment and confirm your consumer’s identity in one transaction Payments using: • Bank Cards • Vouchers • Virtual Gift Cards • Mobile Wallets • Loyalty • EFT Financial Services for: • Person to Person Transfers • Deposits • Withdrawals With the addition of closed loop payments you are able to: Lower interchange fee burden Increase customer footprint Improve loyalty

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Page 1: Integrated QR Acceptance for Retailers - Electrum Payments · The Untapped Closed Loop Market Mobile phone apps are fast replacing people’s wallets; even exercise apps and wearables

Integrated QR Acceptance for Retailers

Retail Solutions

The Untapped Closed Loop MarketMobile phone apps are fast replacing people’s wallets; even exercise apps and wearables are able to facilitate payments. Most retailers are only offering traditional, open loop payment options, however, there is a case to add closed loop payment types; such as wallets, prepaid cards, vouchers, loyalty points and more, to your checkout offering.

Seamlessly aggregate all payment types with one QR codeOffering closed loop payments through an integrated and dynamic QR code system enables you to:• provide frictionless payment choice to your customers using

any smartphone• offer multiple payment types within your brand’s

mobile app• process the payment and confirm your consumer’s identity

in one transaction

Payments using:• Bank Cards• Vouchers• Virtual Gift Cards• Mobile Wallets• Loyalty• EFT

Financial Services for:• Person to Person Transfers• Deposits• Withdrawals

With the addition of closed loop payments you are able to:

Lower interchange fee burden

Increase customerfootprint

Improve loyalty

Page 2: Integrated QR Acceptance for Retailers - Electrum Payments · The Untapped Closed Loop Market Mobile phone apps are fast replacing people’s wallets; even exercise apps and wearables

Contact usElectrum [email protected]+27 21 448 6422 (office)+27 21 447 1227 (support)www.electrum.co.za

Physical Address16A Newmarket St,Foreshore,Cape Town, South Africa

Electrum’s QR aggregation solution helps you accept traditional and alternative payments. The QR code request is initiated from your POS device and fulfilled when your shopper chooses their preferred payment method within your brand’s mobile app loaded on their smartphone.

Aggregated Alternative Payments

Mobile AppWallet/Account/Store of Value

Electrum QR Hub

electrum.co.za

Available Integrations

Credit Provider

LoyaltyOpen Loop

Wallet

Code-based Voucher

Prepaid

QR provider