Benefits of Consumers
Customers will not have the need to carry cash, as the payment will be completely digital through their mobile phones.
Customers can send money to remote locations or pay bills remotely, such as the utility company.
Customers will be able to instantly see their transactions and wallet balance in the Melkar Prepaid Card App.
By using the QR code, the time it takes to carry out a transaction is considerably reduced, compared to paying in cash. The operations are instant and the payment happens immediately.
They function as financial inclusion tools, by providing the (partially) unbanked population with access to financial services.
Given the new normality of Covid-19, payments with QR code have become relevant as a way to avoid contact with people or surfaces such as a terminal.