QR Payments vs Card Payments: Which Is Better for Your Business?
As payment technology evolves, NZ businesses have more options than ever. Let’s compare QR code payments with traditional card payments.
Cost Comparison
| Feature | QR Payments (DuePay) | Card Payments | |———|———————|—————| | Hardware | None required | $20-50/month terminal | | Transaction fee | 0.40% | 1.5-3% | | Setup time | Minutes | Days to weeks | | Settlement | Instant | 1-3 business days |
Convenience
QR Payments require no hardware — just a printed QR code. Customers scan with their phone and confirm payment.
Card Payments require an EFTPOS terminal, internet connection, and merchant account setup.
Security
Both methods are secure, but QR payments have the advantage of not requiring customers to share their card details or insert a physical card.
The Verdict
For small to medium NZ businesses, QR payments offer significant cost savings and simplicity. Card payments remain important for international tourists and customers who prefer traditional methods.
The ideal approach? Offer both — and with DuePay, adding QR payments takes minutes, not weeks.