QR codes
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Employee Swindles Lottery Winnings Worth $1 Million Via Tampered QR Code: Embezzlement Nets Six-Year Sentence
A tech company employee, Li, exploited his position as account manager for a beer company’s marketing campaign to embezzle 6.5 million yuan ($900,000 USD). Li manipulated the system to generate fake winning QR codes, which he and his associates redeemed. The scheme, lasting over a year, was discovered after an audit revealed unusually high prize payouts. Li was found guilty of embezzlement and sentenced to six years in prison with a 100,000 yuan fine.
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WeChat Pay QR Code Now Accepted on UnionPay: Personal Codes Supported
WeChat Pay QR codes are now integrated into UnionPay’s Cloud QuickPass (Yunshanfu) system in China, allowing users to make payments by scanning WeChat Pay’s QR codes directly through the Cloud QuickPass app. This integration streamlines the payment process and simplifies expense tracking. With over 500 million users, Cloud QuickPass, developed collaboratively, supports various mobile payment services and enhances accessibility within the Chinese digital economy by also connecting to other e-commerce platforms. UnionPay aims to further collaborate with Tenpay and Alipay to improve user convenience.
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Pancake Vendor Accepts Child’s QR Code Payment: Netizens Say, “Each Generation Has Its Method”
A young Chinese student sparked a viral sensation by using a printed QR code to pay for street food, demonstrating ingenuity in circumventing digital wallets. This highlights how digital payment methods, particularly QR codes, are integrated into daily life in China. QR codes’ efficiency and cost-effectiveness have revolutionized sectors like food service and tourism, streamlining transactions and improving consumer experiences.
