What’s a QR Merchant Account?
If you’ve ever scanned a QR code to pay at a shop, restaurant, or even a street vendor, you’ve already experienced the future of payments. A QR Merchant Account lets any business accept money directly into their bank account — just by letting customers scan a QR code using their mobile banking app or digital wallet.
It’s fast, safe, and cashless. No need for expensive card machines or handling physical money. And for small businesses, it opens the door to more customers and better tracking.
Why QR Matters Now More Than Ever
The adoption of QR payments is accelerating across Pakistan — from street vendors and small retailers to large chain stores. With the country’s increasing smartphone penetration and rapid shift toward cashless transactions, QR Merchant Accounts have become a key driver of financial inclusion and digital growth.
Government and financial institutions are also encouraging digital payment ecosystems, making QR codes one of the fastest-growing payment solutions nationwide.
Benefits for Merchants
Accept payments anywhere without investing in hardware
Receive funds in real time, directly into your account.
QR payments are more economical than traditional POS terminals.
Every transaction is authenticated and recorded digitally.
How It Works – in Simple Terms
Getting paid with a QR Merchant Code is easy! Your business gets a unique QR code. Customers scan it using their mobile banking app, enter the amount, and pay instantly. No card machines, no cash – just quick, secure, and direct payments to your bank account.
Sign Up
Merchant signs up through a bank or partner.
Recieving
They get a personal QR code.
Customers Scan
Customers scan the code and pay using their banking app or wallet.
Online Payment
The money goes directly into the merchant’s bank account, instantly. No machines, no cash, no hassle. Just one scan, and it's done.
What ISTIQEME Brings to the Table
At ISTIQEME, we’ve been helping banks grow in the digital banking space for years. Now, we’re taking that experience to support the rollout of QR Merchant Accounts across Pakistan.
Even though we’re not officially tied to one bank just yet, we’re actively working with financial institutions to:
Find and onboard merchants — from retail shops to service providers.
Help with documentation and KYC — making the sign-up process smooth and efficient.
Train merchants — so they know how to use their QR code and build customer trust.
Track everything — through our own custom CRM app that keeps sales transparent and accountable.
Cover more ground — with a trained sales team already operating in Karachi and other key cities.
We’re not just talking about going digital — we’re out there, doing it.
Let’s Build the Future of Payments Together
If you’re a bank, EMI, or fintech ready to scale your QR Merchant network, ISTIQEME is ready to be your on-the-ground sales partner.
We know the streets, we understand the merchants, and we have the tools to make onboarding easy — and effective.