NACHA has issued a request for comment (RFC) on proposed guidelines for the use QR codes in a variety of bill payment scenarios.
“There has been growing interest in applying QR technology to transaction applications like bill payment to provide consumers with the opportunity to view statements, enroll for eBills, make payments, and set up payees in online banking applications,” said Eric Dunn, senior vice president, Strategic Payment Initiatives for Intuit. “As a member of the council, Intuit is pleased to work with NACHA and the CEBP membership on this particular initiative, as it has the industry representation of bill pay stakeholders and the forum needed to develop effective QR guidelines for bill pay.”
Comments are due by September 19, 2012. Issuance of the final guidelines are expected in Q42012.