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Open Payments - QR Initiation

Welcome to the Open Payments Application Programming Interface (OPAPI) website! We're excited to have you onboard, perusing our documentation and gearing up to accept and process QR-initiated payments, available for both in-store and online consumer experiences! Or perhaps you're here as an exciting new fintech or large corporate wanting to build your very own wallet or enhance your current website/mobile app. Either way, we're here to help you every step of the way, but before we go deep, allow us to explain the HOW and WHY behind QR payments.

How does it work?​

Quick Response codes (QR) have been chosen as a leading initiation method for Open Payments - backed by the major banks, terminal providers, acquirers and gateways across Australia. So how does it work? When payment is required for goods or services, merchants can present a QR code to their customer, either at an online checkout or instore (through a terminal, Open Payments compatible POS, desktop or smartphone) and the basket items, payment amount and type (and optional extras such as loyalty), are routed through the Open Payments ecosystem, via a digital wallet, returning to both the consumer and merchant a status of the entire transaction.

Why QR and Open Payments?​

Here at AP+ we are passionate about representing and rewarding Aussie businesses and their customers and to do so we have created an ecosystem that delivers rich digital experiences, powered by modernised architecture, and with a key focus on providing value-added services. Our open payments ecosystem drives greater connections, and supports businesses in achieving more sales and growth, whilst increasing brand loyalty.

There are broadly speaking two parts to the ecosystem - that is Digital Wallets and the Initiation (QR) Platform itself. The power of QR codes is one that allows more data and information to be exchanged between the customer and the merchant. Armed with more intel you can now be more targeted and tailored with your offers and loyalty programs, leading to increased customer satisfaction amongst your existing customer base. This then encourages greater word of mouth and before you know it you've doubled your number of customers and your Customer Lifetime Value has gone through the roof! What's not to like?! If that isn't enough for you, allow us to provide a few more added incentives, for adopting this technology:

  • Platform users, like yourselves, will have access to a rich set of customisable functionality and modules that can be used to deliver tailored offerings to your customers. Think loyalty, rewards, round-ups, data-rich insights and enhanced security.
  • Powering your business will be a multi-rail payment orchestration engine that will cater for new payment types as they become available, like A2A, PayTo and acceptance of overseas wallets. This platform will offer not only full integration but also routing optimisation functionality to achieve maximum efficiency for acquirers and merchants. A great way to future proof your business.
  • This ecosystem and technology will deliver a high level of security, adopting tokenisation and embedding digital ID and advanced anti-fraud functionality. Click here to learn more about what our mates are doing over at ConnectID, its pretty darn cool!
  • The future is bright as this ecocystem is already stimulating the emergence of new locally-relevant services through the emergence of a marketplace where innovative players – like FinTechs – are generating substantial value to Australia’s digital economy.