Apple market share forces Suncorp Bank to eschew NFC for QR codes

Suncorp Bank has introduced a new feature to its mobile banking app called QuickShare that allows its customers to share their account details through SMS or QR code to be paid by both Suncorp Bank customers and non-Suncorp Bank customers. QuickShare — launched last weekend for Android and iOS smartphone users — allows Suncorp Bank mobile app users to share their account details along with how much is owed to them through a virtual IOU via SMS to any contact on their phone. The recipient can then copy and paste the details sent to them into their banking app to pay back the sender.