In this CU Daily feature, Matera is recognized for its key role in the first live QR code payment sent over the FedNow network alongside Star One Credit Union and Payfinia (a Tyfone company). Using the draft X9 QR Code standard, the demo verified that a user could scan a QR code on a bill, confirm the transaction in their credit union app, and receive funds at a large bank within seconds. With support from Matera, Payfinia, Star One Credit Union, and the X9 QR Code Working Group, this effort reflects a growing push across the industry to advance real-time payment innovation.
Read the full article on the CU Daily here.