Glossary
QR payment
A QR payment is a payment the payer starts by scanning a code with a banking or wallet app: the code carries the merchant's identifier, the amount and a reference, the payer confirms in the app, and the money moves over the local instant payment rail or the wallet's ledger. National standards such as PIX in Brazil, UPI in India, PromptPay in Thailand and QRIS in Indonesia made the QR code the dominant way to pay in those markets, in shops and online alike.
Static and dynamic codes
A static code identifies the merchant and lets the payer type the amount: a sticker at a counter. A dynamic code is generated per payment with the amount and a unique reference, which is what an online checkout shows: the payer scans it from a phone or taps it when already on the phone, and the platform learns of the payment from the rail’s confirmation, not from the payer.
Online checkout with QR
The checkout shows the code and a deep link for the phone, waits for the confirmation within the code’s lifetime, and treats expiry and late payment explicitly. Conversion depends on the code appearing instantly and the confirmation arriving within seconds, which depends on the provider’s connection to the rail.
On the platform
Tranzify’s hosted checkout shows dynamic QR codes and app links for the QR methods in the catalogue, waits for the provider’s confirmation, moves the payment from pending to paid when it arrives and expires it otherwise; the catalogue marks which methods and providers support QR per country.
Updated: 2026-11-08