QR Payment
A digital payment initiated by scanning or presenting a QR code that contains payment or merchant information. The underlying payment can be account-based, wallet-based or card-linked depending on the service.
3 UAE banking, credit card, loan, mortgage and insurance terms that start with Q - from QR Payment to Quote. General educational information; fees, limits and eligibility are set by each provider.
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3 terms
A digital payment initiated by scanning or presenting a QR code that contains payment or merchant information. The underlying payment can be account-based, wallet-based or card-linked depending on the service.
Card spending that counts toward a reward, bonus, fee waiver or other benefit under the issuer's programme rules. Cash advances, fees, government payments, wallet loads or other categories may be excluded.
An estimate or offer showing proposed pricing and key terms based on information available at the time. A quote can be indicative and may change after underwriting, credit checks, valuation or document verification.