New X9 Standard for Secure, Interoperable QR Code Payments Will Accelerate U.S. Use of Instant Payments

X9 has published X9.150, a new U.S. standard for payment QR codes aimed at enabling secure, interoperable instant and account-to-account payments. The update is incremental (standard-setting) but supportive for fintech infrastructure and payments interoperability.

Analysis

X9 has published X9.150, a new U.S. standard for payment QR codes aimed at enabling secure, interoperable instant and account-to-account payments. The update is incremental (standard-setting) but supportive for fintech infrastructure and payments interoperability.