Paystik is a company which claims to make it easy for charities to use QR codes for payments. This month the company will launch donation campaigns for 6,000 charities. Paper billing and direct mail campaigns will become easier to manage. Users will be able to download an app where they can scan Paystik’s codes and send payments.
They face competition from other mobile payment companies such as Doxo and DigiMo, but Ioannidis anticipates success because other QR code focused start-ups do not focus on non-profit organisations. The technology will be going live this week for the charity Project C.U.R.E.
The company’s co-founder, James Ioannidis says: “We’ve done market research and scan rates have been increasing exponentially over the past few years. People are becoming more aware of QR codes as smartphones hit 50% penetration rates.”
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