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North America QR Code Payment Market Size, Share & Industry Analysis Report By Offerings, By Solution Type (Dynamic QR code and Static QR code), By Payment Type (Push Payment and Pull Payment), By Transaction Channel (Face-to-Face and Remote), By End-user

Publisher Knowledge Based Value (KBV) Research
Published Aug 26, 2025
Length 137 Pages
SKU # KBV20375086

Description

The Europe QR Code Payment Market would witness market growth of 18.9% CAGR during the forecast period (2025-2032).

The Germany market dominated the Europe QR Code Payment Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 1,743.3 Million by 2032. The UK market is exhibiting a CAGR of 17.8% during (2025 - 2032). Additionally, The France market would experience a CAGR of 19.7% during (2025 - 2032). The Germany and UK led the Europe QR Code Payment Market by Country with a market share of 20.5% and 19% in 2024.

There are two main ways that the Europe QR code payment market has changed: account-to-account (A2A) payments using SEPA and national real-time rails, and wallet-style consumer experiences that use scannable codes at the point of interaction. Early adopters were practical and came from within the country. Nordic countries preferred mobile person-to-person and in-store QR payments, Central and Eastern Europe used bank apps to make payment requests, and Southern Europe used QR codes in public bills and e-government services. Standardized payload formats made it possible for any bank app that was part of SEPA to start transfers. At the same time, the rise of smartphones and mobile banking made QR codes a common way to make quick payments, send invoices, and make donations.

The market is now shaped by three trends: QR codes are becoming the standard way to make payments between accounts; QR codes are moving from being static to dynamic at the point of sale; and QR codes are being used more and more in areas other than retail, such as transportation, culture, and public services. Dynamic codes cut down on fraud, make reconciliation easier, and work with loyalty programs and post-payment engagement. Instant euro transfers let you send money in seconds. Biometric login, codes that expire, and merchant verification are all security measures that help people trust you. Market strategies focus on making QR work with other systems, adding it to workflows, and integrating it into the public sector.

Offerings Outlook

Based on Offerings, the market is segmented into Solution and Services. With a compound annual growth rate (CAGR) of 16.8% over the projection period, the Solution Market, dominate the Germany QR Code Payment Market by Offerings in 2024 and would be a prominent market until 2032. The Services market is expected to witness a CAGR of 17.8% during (2025 - 2032).

End User Outlook

Based on End-user, the market is segmented into Restaurant, Retail & E-commerce, E-ticket Booking, and Other End-user. The Restaurant market segment dominated the UK QR Code Payment Market by End-user is expected to grow at a CAGR of 17 % during the forecast period thereby continuing its dominance until 2032. Also, The E-ticket Booking market is anticipated to grow as a CAGR of 18.5 % during the forecast period during (2025 - 2032).

Solution Type Outlook

Based on Solution Type, the market is segmented into Dynamic QR code and Static QR code. With a market value of $898.6 Million by 2032, and a compound annual growth rate (CAGR) of 19.2% over the projection period, the Dynamic QR code Market, dominate the France QR Code Payment Market by Solution Type in 2024 and would be a prominent market until 2032. The Static QR code market is expected to witness a CAGR of 20.5% during (2025 - 2032).

Country Outlook

QR payments in Germany have gone from being a small part of banking to becoming a popular addition to traditional debit systems. Banks and savings institutions initially integrated QR into account-to-account apps, enabling pay-by-scan for invoices and retail, supported by infrastructure and regulation from the Bundesbank and BaFin. Strong consumer trust, a high number of smartphones, and SEPA Instant for near-real-time euro transfers are all factors that drive adoption. More and more businesses, especially those in hospitality and municipal services, are printing QR codes on bills so that customers can pay quickly and without touching anything. Customers also prefer scanning to entering their IBAN by hand.

List of Key Companies Profiled
  • PayPal Holdings, Inc.
  • One97 Communications Limited (Paytm Payments Services Limited)
  • Google Pay (Google LLC)
  • Square, Inc. (Block, Inc.)
  • PaymentCloud Inc. (Electronic Merchant Systems, LLC)
  • Ecentric Payment Systems (Pty) Ltd
  • Revolut Ltd.
  • Nearex Pte Ltd.
  • ACI Worldwide, Inc.
  • LINE Pay Taiwan Limited
Europe QR Code Payment Market Report Segmentation

By Offerings
  • Solution
  • Services
By Solution Type
  • Dynamic QR code
  • Static QR code
By Payment Type
  • Push Payment
  • Pull Payment
By Transaction Channel
  • Face-to-Face
  • Remote
By End User
  • Restaurant
  • Retail & E-commerce
  • E-ticket Booking
  • Other End-user
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

137 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America QR Code Payment Market, by Offerings
1.4.2 North America QR Code Payment Market, by Solution Type
1.4.3 North America QR Code Payment Market, by Payment Type
1.4.4 North America QR Code Payment Market, by Transaction Channel
1.4.5 North America QR Code Payment Market, by End User
1.4.6 North America QR Code Payment Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Market Trends - Global QR Code Payment Market
Chapter 5. State of Competition Global QR Code Payment Market
Chapter 6. Competition Analysis - Global
6.1 KBV Cardinal Matrix
6.2 Recent Industry Wide Strategic Developments
6.2.1 Partnerships, Collaborations and Agreements
6.2.2 Product Launches and Product Expansions
6.3 Top Winning Strategies
6.3.1 Key Leading Strategies: Percentage Distribution (2021-2025)
6.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Feb – 2025, May) Leading Players
6.4 Porter Five Forces Analysis
Chapter 7. Value Chain Analysis of QR Code Payment Market
Chapter 8. PLC (Product Life Cycle) - QR Code Payment Market
Chapter 9. Market Consolidation - Global QR Code Payment Market
Chapter 10. North America QR Code Payment Market by Offerings
10.1 North America Solution Market by Region
10.2 North America Services Market by Region
Chapter 11. North America QR Code Payment Market by Solution Type
11.1 North America Dynamic QR code Market by Region
11.2 North America Static QR code Market by Region
Chapter 12. North America QR Code Payment Market by Payment Type
12.1 North America Push Payment Market by Country
12.2 North America Pull Payment Market by Country
Chapter 13. North America QR Code Payment Market by Transaction Channel
13.1 North America Face-to-Face Market by Country
13.2 North America Remote Market by Country
Chapter 14. North America QR Code Payment Market by End-user
14.1 North America Restaurant Market by Country
14.2 North America Retail & E-commerce Market by Country
14.3 North America E-ticket Booking Market by Country
14.4 North America Other End-user Market by Country
Chapter 15. North America QR Code Payment Market by Country
15.1 US QR Code Payment Market
15.1.1 US QR Code Payment Market by Offerings
15.1.2 US QR Code Payment Market by Solution Type
15.1.3 US QR Code Payment Market by Payment Type
15.1.4 US QR Code Payment Market by Transaction Channel
15.1.5 US QR Code Payment Market by End-user
15.2 Canada QR Code Payment Market
15.2.1 Canada QR Code Payment Market by Offerings
15.2.2 Canada QR Code Payment Market by Solution Type
15.2.3 Canada QR Code Payment Market by Payment Type
15.2.4 Canada QR Code Payment Market by Transaction Channel
15.2.5 Canada QR Code Payment Market by End-user
15.3 Mexico QR Code Payment Market
15.3.1 Mexico QR Code Payment Market by Offerings
15.3.2 Mexico QR Code Payment Market by Solution Type
15.3.3 Mexico QR Code Payment Market by Payment Type
15.3.4 Mexico QR Code Payment Market by Transaction Channel
15.3.5 Mexico QR Code Payment Market by End-user
15.4 Rest of North America QR Code Payment Market
15.4.1 Rest of North America QR Code Payment Market by Offerings
15.4.2 Rest of North America QR Code Payment Market by Solution Type
15.4.3 Rest of North America QR Code Payment Market by Payment Type
15.4.4 Rest of North America QR Code Payment Market by Transaction Channel
15.4.5 Rest of North America QR Code Payment Market by End-user
Chapter 16. Company Profiles
16.1 PayPal Holdings, Inc.
16.1.1 Company Overview
16.1.2 Financial Analysis
16.1.3 Regional Analysis
16.1.4 Research & Development Expenses
16.1.5 Recent strategies and developments:
16.1.5.1 Partnerships, Collaborations, and Agreements:
16.1.5.2 Product Launches and Product Expansions:
16.2 One97 Communications Limited (Paytm Payments Services Limited)
16.2.1 Company Overview
16.2.2 Financial Analysis
16.2.3 Recent strategies and developments:
16.2.3.1 Product Launches and Product Expansions:
16.3 Google Pay (Google LLC)
16.3.1 Company Overview
16.3.2 Financial Analysis
16.3.3 Segmental and Regional Analysis
16.3.4 Research & Development Expenses
16.3.5 Recent strategies and developments:
16.3.5.1 Product Launches and Product Expansions:
16.4 Square, Inc. (Block, Inc.)
16.4.1 Company Overview
16.4.2 Financial Analysis
16.4.3 Segmental and Regional Analysis
16.5 PaymentCloud Inc. (Electronic Merchant Systems, LLC)
16.5.1 Company Overview
16.6 Ecentric Payment Systems (Pty) Ltd
16.6.1 Company Overview
16.6.2 Revolut Ltd.
16.6.3 Company Overview
16.6.4 Recent strategies and developments:
16.6.4.1 Product Launches and Product Expansions:
16.7 Nearex Pte Ltd.
16.7.1 Company Overview
16.8 ACI Worldwide, Inc.
16.8.1 Company Overview
16.8.2 Financial Analysis
16.8.3 Segmental and Regional Analysis
16.8.4 Research & Development Expenses
16.8.5 Recent strategies and developments:
16.8.5.1 Product Launches and Product Expansions:
16.9 LINE Pay Taiwan Limited
16.9.1 Company Overview
16.9.2 Financial Analysis
16.9.3 Regional Analysis
16.9.4 Research & Development Expenses

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