Everyday customers are losing patience due to long lines at checkout. Most often these delays are caused by slow moving payment processes. While the shift of cash currency to direct payment from mobile wallets has helped to improve efficiency, the use of unidirectional QR codes to associate the customer’s digital wallet to the merchant POS has created huge lags in processing transactions.
Insert LISNR AutoConnect. Built on LISNR Radius 2.0, AutoConnect is designed to deliver ultra-simple mobile device bi-directional scanning for high efficiency touchless payments, entry authorization and proof-present verification. With features such as Instantaneous scanning from up to 1 meter away, bidirectional offline transmitting and receiving, and the ability to work on all smartphones, speaker-enabled Android tablets, iPads, and mPOS devices, the LISNR AutoConnect feature is a complimentary element to any wallet user interface.
Implementation at the time of a typical QR code scan allows little to no change for the user process while forcing the minimal amount of screen design effort. Delivering this wallet enhancement ensures a much more efficient user experience without the need for additional training.
The global QR code payment market size was valued at $8.07 billion in 2020, and projected to reach $35.07 billion by 2030, growing at a CAGR of 16.1%. Yet, as rising data breaches and security issues in QR codes payment market hamper the growth of the market, LISNR’s product adoption 40% in the past 12 months has set AutoConnect up for success.
In addition to payment use cases, LISNR Radius 2.0 can be leveraged in scenarios where internet connectivity is limited, as dense populations and rural areas present challenges. Radius 2.0 can address these concerns, often found in the mobility space where passenger onboarding in a timely manner can be disrupted by spotty connectivity. More so, in the event space where thousands of consumers are trying to enter by a specific deadline, LISNR Radius 2.0 can ensure a seamless, frictionless entry experience for consumers and employees alike.
LISNR’s Radius Software Development Kit (SDK) delivers a drop-in solution for simple integration into wallets, currently using QR code. The SDK comes with the LISNR receiver and/or transmitter and the necessary API such that the block can fit alongside of, or completely replace the QR code generator/decoder code. This wallet-ready design minimizes effort while shortening time to deployment to a matter of weeks
LISNR AutoConnect introduces greater range, efficiency and bi-directionality, without the need for a network connection. The net result is an expedited checkout process and greater customer satisfaction, with enhanced merchant loyalty and greater payment flexibility.
LISNR’s proximity solutions ensure secure, seamless and contactless data transfer. Powered by a ubiquitous device & OS platform, LISNR’s non-captive near-field association provides proof-present authentication enabled through proximity tokens. From entry validation to payments and fulfillment, LISNR empowers merchant micro-moments across the customer journey. Headquartered in Cincinnati, LISNR is currently deployed in 8 countries via multiple global partners. LISNR powers transactions and connects the online to offline customer journey globally with the most advanced near Ultrasonic Data Platform. Founded in 2012, LISNR’s major investors include Visa, Intel, Jump Capital, Mercury Fund, R/GA, and Synchrony Financial. To learn more about the LISNR technology visit: www.lisnr.com or email firstname.lastname@example.org.
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