In Singapore, PayPal experiments with QR code shopping at train stations
February 10, 2012 by Terence LEE
To purchase a gift, commuters would need to download a QR code reader on their mobile phones to scan the right spot on the poster. They will be brought to a webpage where they can purchase the product using PayPal. The experiment is being run on 15 subway stations in Singapore.
PayPal’s initiative follows a similar move by Cold Storage supermarket during the Christmas season last year, in which they offered groceries like Christmas ham to commuters at a couple of train stations.
Both programs are likely inspired by supermarket chain Tesco in South Korea, which is apparently the one that started the whole trend.
While Tesco reportedly received positive results and increased sales because of their virtual stores, it’s unclear if Cold Storage experienced a significant boost as a result of their experiment.
Although QR codes have frequently been dismissed as a gimmick and a passing fad, it’s more likely that the technology will see niche usage among marketers, who are still figuring out how to use it effectively.
It is also competing with even more advanced technology like NFC, which many believe will herald the new age of mobile payments. But NFC is unlikely to supplant QR codes completely, since both have different use cases.
PayPal appears to understand this well. It is putting its eggs in many baskets, investing in NFC for its Android app, and also working with Home Depot in the United States on a small point-of-sales trial.
Check out the video about PayPal’s Valentine’s Day special in Singapore:
More epic stuff about QR codes:
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About The Author
Terence LEE - Editor
Terence writes mainly about technology trends and startups in Asia. He believes in crafting smart content: Not just a regurgitation of text, but well thought-out pieces that serve the reader using a combination of data, design, narratives, analysis, and visual impact. His articles have been published on Venturebeat, Yahoo!, Straits Times, Today, and The Online Citizen. He also co-founded NewNation.sg, a satirical news site covering Singapore affairs. Engage him on LinkedIn and Twitter.Read other posts by Terence LEE