QR code penetrates deeper into market(1/3)

Residents walk past a giant QR code on a street in Hangzhou, East China’s Zhejiang province, Feb 5, 2015. The growing penetration of smartphones and the booming online retail sector have fueled Quick Response (QR) code-based mobile payment, paying by scanning a matrix code. QR codes are now (as of 2012) used over a much wider range of applications, including transport ticketing and product marketing. [Photo: China News Service/Zhang Wei]