1QR payments is an innovative development over the existing 1IBFT service, that provides convenience to customers by transforming the way P2P and Retail payments work.

1QR potentially opens a new market of P2P and Retail transactions. Given the rise in the trend of modern trade and ride-hailing services, 1QR will be a game-changer for the Pakistani market.

1QR caters to the following transaction sets:

  • P2P: The receiver shares the credentials in form of a QR, and the sender scans the QR code to make the payment
  • Retail: Instead of swiping the debit or credit card on POS, the customer just needs to scan the QR Code displayed on the counter via his/her mobile phone for financial transactions.