Subway has been named as the first merchant to bring Eftpos’ QR code payment platforms online.
The new payment infrastructure will initially launch in two Subway locations – one in Sydney and the other in Brisbane – before further plans to roll it out “in more restaurants in the coming months”.
The QR code payment platform, dubbed eQR, will be accessible through the Eftpos-owned Beem wallet. Customers will also be able, for a “limited time,” to load loyalty rewards with Triple SubCard Reward Dollars.
“Australians told us they want their mobile payment experience to be more valuable and reduce the guesswork factor by unifying and orchestrating what was once a hodgepodge of separate paper and plastic cards. QR Eftpos make this possible in a simple and elegant way,” said Mark Britt, Managing Director of Digital Plus at Australian Payments Plus, the newly formed company following the merger between Eftpos, BPay and NPP Australia.
Eftpos originally planned to start rolling out the new payment option to consumers before Christmas, but this was delayed due to the prolonged COVID-19 lockdown across the country.
Eftpos completed the first stage of building the new QR code payment infrastructure last July and was testing it with “several” Australian merchants.
Eftpos previously said consumer familiarity with QR codes through COVID safety practices would help with adoption.
Other partners who were previously online to help roll out eQR include Commonwealth Bank of Australia, National Australia Bank, Coles, Woolworths, Azupay and Merchant Warriors.