Payment processing service provider, Areeba has rolled out a new in-app feature in Lebanon that allows users of local e-wallets to pay merchants using QR codes.
The company said it had partnered with major Lebanese digital wallets to allow their customers to use their wallets to pay for goods and services across its merchants’ network.
WeePay Wallet (Powered by CashUnited), Whish, and zaky have all added the feature which allows users to compete a transaction in person by scanning the QR code generated by the areeba POS machine.
“With the growing popularity of mobile wallets in Lebanon, we believe that QR code payment will complement the functionalities offered by these wallets and will fulfill the needs of the consumers who are looking for a safe digital payment solution,” said Hassan Mayassi, Group Chief Commercial Officer at Areeba.
According to the company, QR codes will be printed and displayed on an existing POS receipt, while merchants do not have to bear the cost of a separate device or pay a sign-up fee. Businesses of any size can adopt QR codes, even those with existing POS machines. Areeba added that its collaboration with other digital wallets reflected the national initiative for financial inclusion.
“As mobile wallets gain more popularity in Lebanon, we are convinced that QR code payments will enhance the features provided by these wallets, satisfying the demands of consumers who seek a secure digital payment option,” it said.
