Bar chart showing QR code payments market growth. The market is expected to grow from $14.74 billion in 2024 to $36.07 billion in 2029.

The QR code payment revolution: how mobile technology is transforming global commerce in 2025

The global payment landscape is experiencing a seismic shift as QR code payment systems rapidly emerge as the dominant force in contactless transactions. With the market projected to reach $61.73 billion by 2033, representing a remarkable 20% compound annual growth rate, QR-based payments are fundamentally reshaping how businesses and consumers interact financially across the globe. […]

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