Otkritie Bank's mobile application introduces QR code recognition technology

2024: Introduction of QR code recognition technology

mobile application Bank Opening The QR codes the Russian AI company introduced a recognition technology developed by specialists. Smart Engines The introduction of this functionality has significantly increased the convenience and speed of payment transactions in a mobile bank. Smart Engines announced this on June 10, 2024.

QR codes are one of the most popular ways to pay for goods and services. Smart Engines clients from among the systemically important banks of the Russian Federation, which include Otkritie, confirm the great potential for payments using QR codes and the reliability of Russian technology based on artificial intelligence.

In the mobile application, bank customers can make money transfers, pay for the services of legal entities and individual entrepreneurs, pay taxes, fines and other payments to the state, as well as make purchases. To do this, the user just needs to show the camera of the mobile device a QR code. Algorithms automatically count it in less than a second, and the client will only have to confirm the operation. Even if the QR has been cropped, the AI of the Russian developer will be able to successfully decode it.

Smart Engines technologies allow you to scan one-dimensional and two-dimensional barcodes, including QR, AZTEC, PDF417, DataMatrix. You can read barcodes on documents, screens or other surfaces, in a video stream or in photos taken by users.