The Latin America, Middle East and Africa QR Code Payment Market would witness market growth of 20.8% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA QR Code Payment Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of USD 1,403.5 Million by 2032. The Argentina market is showcasing a CAGR of 22.2% during (2025 - 2032). Additionally, The UAE market would register a CAGR of 19.9% during (2025 - 2032). The Brazil and UAE led the LAMEA QR Code Payment Market by Country with a market share of 25.5% and 17.7% in 2024.

The LAMEA QR code payment market has grown quickly thanks to a mix of national instant payment programs, financial inclusion programs, and updates to the rules. Brazil's Pix and Mexico's CoDi have set standards in Latin America by making QR a standard way to send money between accounts. This lets customers and businesses make free, instant, and 24/7 transactions. These systems make people less reliant on card terminals and make it easier for small businesses to adopt them at a low cost. QR adoption in the Middle East is part of a larger effort to go digital. For example, Saudi Arabia's "mada" and Bahrain's BenefitPay use QR codes for in-store and bill payments. Countries in Africa, such as Nigeria, Kenya, Egypt, and South Africa, are setting up national QR standards to make sure that QR codes can be used in more places, improve security, and make QR codes more widely accepted in stores, utilities, and public services.
The market trends show that QR is becoming more integrated with national instant payment systems, is becoming more standardized so that it can work with other systems and is expanding into public services and cross-border situations. Brazil's Pix and Mexico's CoDi show how QR can make it easy to make regular payments and send money right away without needing special hardware. Regulatory frameworks in Kenya, Nigeria, and Egypt make sure that QR adoption is safe, open to everyone, and in line with best practices around the world. Competition in the LAMEA market is becoming more app-focused. Instead of owning the QR infrastructure, providers are setting themselves apart by offering better user experiences, merchant tools, fraud prevention, and new services.
Solution Type Outlook
Based on Solution Type, the market is segmented into Dynamic QR code and Static QR code. With a compound annual growth rate (CAGR) of 21.4% over the projection period, the Dynamic QR code Market, dominate the South Africa QR Code Payment Market by Solution Type in 2024 and would be a prominent market until 2032. The Static QR code market is expected to witness a CAGR of 22.7% during (2025 - 2032).
Payment Type Outlook
Based on Payment Type, the market is segmented into Push Payment and Pull Payment. The Push Payment market segment dominated the UAE QR Code Payment Market by Payment Type is expected to grow at a CAGR of 19.6 % during the forecast period thereby continuing its dominance until 2032. Also, The Pull Payment market is anticipated to grow as a CAGR of 20.3% during the forecast period during (2025 - 2032).

End User Outlook
Based on End-user, the market is segmented into Restaurant, Retail & E-commerce, E-ticket Booking, and Other End-user. Among various Brazil QR Code Payment Market by End-user; The Restaurant market achieved a market size of USD $368.8 Million in 2024 and is expected to grow at a CAGR of 18.4 % during the forecast period. The E-ticket Booking market is predicted to experience a CAGR of 20.1% throughout the forecast period from (2025 - 2032).
Free Valuable Insights: The Worldwide QR Code Payment Market is Projected to reach USD 48.59 Billion by 2032, at a CAGR of 19.4%
Country Outlook
Pix is the Central Bank's real-time QR payment system that works with both static and dynamic QR codes across banks and fintechs. This means that almost all businesses, from small ones to big ones, accept it. QR turns smartphones into instant payment terminals with static codes for in-person payments and dynamic codes for online shopping. This lets payments be settled 24 hours a day, seven days a week, at no cost to consumers and low cost to merchants. Key features like Pix Cobrança, Pix Saque/Troco, and aliasing make payments easier and encourage people to use them. By 2024–2025, Pix has more volume than cards and cash, and competitors are focusing on wallet and app experiences instead of rails.
List of Key Companies Profiled
- PayPal Holdings, Inc.
- One97 Communications Limited (Paytm Payments Services Limited)
- Google Pay (Google LLC)
- Square, Inc. (Block, Inc.)
- PaymentCloud Inc. (Electronic Merchant Systems, LLC)
- Ecentric Payment Systems (Pty) Ltd
- Revolut Ltd.
- Nearex Pte Ltd.
- ACI Worldwide, Inc.
- LINE Pay Taiwan Limited
LAMEA QR Code Payment Market Report Segmentation
By Offerings
By Solution Type
- Dynamic QR code
- Static QR code
By Payment Type
- Push Payment
- Pull Payment
By Transaction Channel
By End User
- Restaurant
- Retail & E-commerce
- E-ticket Booking
- Other End-user
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA QR Code Payment Market, 2021 - 2024, USD Million
TABLE 2 LAMEA QR Code Payment Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– QR Code Payment Market
TABLE 4 Product Launches And Product Expansions– QR Code Payment Market
TABLE 5 LAMEA QR Code Payment Market by Offerings, 2021 - 2024, USD Million
TABLE 6 LAMEA QR Code Payment Market by Offerings, 2025 - 2032, USD Million
TABLE 7 LAMEA Solution Market by Country, 2021 - 2024, USD Million
TABLE 8 LAMEA Solution Market by Country, 2025 - 2032, USD Million
TABLE 9 LAMEA Services Market by Country, 2021 - 2024, USD Million
TABLE 10 LAMEA Services Market by Country, 2025 - 2032, USD Million
TABLE 11 LAMEA QR Code Payment Market by Solution Type, 2021 - 2024, USD Million
TABLE 12 LAMEA QR Code Payment Market by Solution Type, 2025 - 2032, USD Million
TABLE 13 LAMEA Dynamic QR code Market by Country, 2021 - 2024, USD Million
TABLE 14 LAMEA Dynamic QR code Market by Country, 2025 - 2032, USD Million
TABLE 15 LAMEA Static QR code Market by Country, 2021 - 2024, USD Million
TABLE 16 LAMEA Static QR code Market by Country, 2025 - 2032, USD Million
TABLE 17 LAMEA QR Code Payment Market by Payment Type, 2021 - 2024, USD Million
TABLE 18 LAMEA QR Code Payment Market by Payment Type, 2025 - 2032, USD Million
TABLE 19 LAMEA Push Payment Market by Country, 2021 - 2024, USD Million
TABLE 20 LAMEA Push Payment Market by Country, 2025 - 2032, USD Million
TABLE 21 LAMEA Pull Payment Market by Country, 2021 - 2024, USD Million
TABLE 22 LAMEA Pull Payment Market by Country, 2025 - 2032, USD Million
TABLE 23 LAMEA QR Code Payment Market by Transaction Channel, 2021 - 2024, USD Million
TABLE 24 LAMEA QR Code Payment Market by Transaction Channel, 2025 - 2032, USD Million
TABLE 25 LAMEA Face-to-Face Market by Country, 2021 - 2024, USD Million
TABLE 26 LAMEA Face-to-Face Market by Country, 2025 - 2032, USD Million
TABLE 27 LAMEA Remote Market by Country, 2021 - 2024, USD Million
TABLE 28 LAMEA Remote Market by Country, 2025 - 2032, USD Million
TABLE 29 LAMEA QR Code Payment Market by End-user, 2021 - 2024, USD Million
TABLE 30 LAMEA QR Code Payment Market by End-user, 2025 - 2032, USD Million
TABLE 31 LAMEA Restaurant Market by Country, 2021 - 2024, USD Million
TABLE 32 LAMEA Restaurant Market by Country, 2025 - 2032, USD Million
TABLE 33 LAMEA Retail & E-commerce Market by Country, 2021 - 2024, USD Million
TABLE 34 LAMEA Retail & E-commerce Market by Country, 2025 - 2032, USD Million
TABLE 35 LAMEA E-ticket Booking Market by Country, 2021 - 2024, USD Million
TABLE 36 LAMEA E-ticket Booking Market by Country, 2025 - 2032, USD Million
TABLE 37 LAMEA Other End-user Market by Country, 2021 - 2024, USD Million
TABLE 38 LAMEA Other End-user Market by Country, 2025 - 2032, USD Million
TABLE 39 LAMEA QR Code Payment Market by Country, 2021 - 2024, USD Million
TABLE 40 LAMEA QR Code Payment Market by Country, 2025 - 2032, USD Million
TABLE 41 Brazil QR Code Payment Market, 2021 - 2024, USD Million
TABLE 42 Brazil QR Code Payment Market, 2025 - 2032, USD Million
TABLE 43 Brazil QR Code Payment Market by Offerings, 2021 - 2024, USD Million
TABLE 44 Brazil QR Code Payment Market by Offerings, 2025 - 2032, USD Million
TABLE 45 Brazil QR Code Payment Market by Solution Type, 2021 - 2024, USD Million
TABLE 46 Brazil QR Code Payment Market by Solution Type, 2025 - 2032, USD Million
TABLE 47 Brazil QR Code Payment Market by Payment Type, 2021 - 2024, USD Million
TABLE 48 Brazil QR Code Payment Market by Payment Type, 2025 - 2032, USD Million
TABLE 49 Brazil QR Code Payment Market by Transaction Channel, 2021 - 2024, USD Million
TABLE 50 Brazil QR Code Payment Market by Transaction Channel, 2025 - 2032, USD Million
TABLE 51 Brazil QR Code Payment Market by End-user, 2021 - 2024, USD Million
TABLE 52 Brazil QR Code Payment Market by End-user, 2025 - 2032, USD Million
TABLE 53 Argentina QR Code Payment Market, 2021 - 2024, USD Million
TABLE 54 Argentina QR Code Payment Market, 2025 - 2032, USD Million
TABLE 55 Argentina QR Code Payment Market by Offerings, 2021 - 2024, USD Million
TABLE 56 Argentina QR Code Payment Market by Offerings, 2025 - 2032, USD Million
TABLE 57 Argentina QR Code Payment Market by Solution Type, 2021 - 2024, USD Million
TABLE 58 Argentina QR Code Payment Market by Solution Type, 2025 - 2032, USD Million
TABLE 59 Argentina QR Code Payment Market by Payment Type, 2021 - 2024, USD Million
TABLE 60 Argentina QR Code Payment Market by Payment Type, 2025 - 2032, USD Million
TABLE 61 Argentina QR Code Payment Market by Transaction Channel, 2021 - 2024, USD Million
TABLE 62 Argentina QR Code Payment Market by Transaction Channel, 2025 - 2032, USD Million
TABLE 63 Argentina QR Code Payment Market by End-user, 2021 - 2024, USD Million
TABLE 64 Argentina QR Code Payment Market by End-user, 2025 - 2032, USD Million
TABLE 65 UAE QR Code Payment Market, 2021 - 2024, USD Million
TABLE 66 UAE QR Code Payment Market, 2025 - 2032, USD Million
TABLE 67 UAE QR Code Payment Market by Offerings, 2021 - 2024, USD Million
TABLE 68 UAE QR Code Payment Market by Offerings, 2025 - 2032, USD Million
TABLE 69 UAE QR Code Payment Market by Solution Type, 2021 - 2024, USD Million
TABLE 70 UAE QR Code Payment Market by Solution Type, 2025 - 2032, USD Million
TABLE 71 UAE QR Code Payment Market by Payment Type, 2021 - 2024, USD Million
TABLE 72 UAE QR Code Payment Market by Payment Type, 2025 - 2032, USD Million
TABLE 73 UAE QR Code Payment Market by Transaction Channel, 2021 - 2024, USD Million
TABLE 74 UAE QR Code Payment Market by Transaction Channel, 2025 - 2032, USD Million
TABLE 75 UAE QR Code Payment Market by End-user, 2021 - 2024, USD Million
TABLE 76 UAE QR Code Payment Market by End-user, 2025 - 2032, USD Million
TABLE 77 Saudi Arabia QR Code Payment Market, 2021 - 2024, USD Million
TABLE 78 Saudi Arabia QR Code Payment Market, 2025 - 2032, USD Million
TABLE 79 Saudi Arabia QR Code Payment Market by Offerings, 2021 - 2024, USD Million
TABLE 80 Saudi Arabia QR Code Payment Market by Offerings, 2025 - 2032, USD Million
TABLE 81 Saudi Arabia QR Code Payment Market by Solution Type, 2021 - 2024, USD Million
TABLE 82 Saudi Arabia QR Code Payment Market by Solution Type, 2025 - 2032, USD Million
TABLE 83 Saudi Arabia QR Code Payment Market by Payment Type, 2021 - 2024, USD Million
TABLE 84 Saudi Arabia QR Code Payment Market by Payment Type, 2025 - 2032, USD Million
TABLE 85 Saudi Arabia QR Code Payment Market by Transaction Channel, 2021 - 2024, USD Million
TABLE 86 Saudi Arabia QR Code Payment Market by Transaction Channel, 2025 - 2032, USD Million
TABLE 87 Saudi Arabia QR Code Payment Market by End-user, 2021 - 2024, USD Million
TABLE 88 Saudi Arabia QR Code Payment Market by End-user, 2025 - 2032, USD Million
TABLE 89 South Africa QR Code Payment Market, 2021 - 2024, USD Million
TABLE 90 South Africa QR Code Payment Market, 2025 - 2032, USD Million
TABLE 91 South Africa QR Code Payment Market by Offerings, 2021 - 2024, USD Million
TABLE 92 South Africa QR Code Payment Market by Offerings, 2025 - 2032, USD Million
TABLE 93 South Africa QR Code Payment Market by Solution Type, 2021 - 2024, USD Million
TABLE 94 South Africa QR Code Payment Market by Solution Type, 2025 - 2032, USD Million
TABLE 95 South Africa QR Code Payment Market by Payment Type, 2021 - 2024, USD Million
TABLE 96 South Africa QR Code Payment Market by Payment Type, 2025 - 2032, USD Million
TABLE 97 South Africa QR Code Payment Market by Transaction Channel, 2021 - 2024, USD Million
TABLE 98 South Africa QR Code Payment Market by Transaction Channel, 2025 - 2032, USD Million
TABLE 99 South Africa QR Code Payment Market by End-user, 2021 - 2024, USD Million
TABLE 100 South Africa QR Code Payment Market by End-user, 2025 - 2032, USD Million
TABLE 101 Nigeria QR Code Payment Market, 2021 - 2024, USD Million
TABLE 102 Nigeria QR Code Payment Market, 2025 - 2032, USD Million
TABLE 103 Nigeria QR Code Payment Market by Offerings, 2021 - 2024, USD Million
TABLE 104 Nigeria QR Code Payment Market by Offerings, 2025 - 2032, USD Million
TABLE 105 Nigeria QR Code Payment Market by Solution Type, 2021 - 2024, USD Million
TABLE 106 Nigeria QR Code Payment Market by Solution Type, 2025 - 2032, USD Million
TABLE 107 Nigeria QR Code Payment Market by Payment Type, 2021 - 2024, USD Million
TABLE 108 Nigeria QR Code Payment Market by Payment Type, 2025 - 2032, USD Million
TABLE 109 Nigeria QR Code Payment Market by Transaction Channel, 2021 - 2024, USD Million
TABLE 110 Nigeria QR Code Payment Market by Transaction Channel, 2025 - 2032, USD Million
TABLE 111 Nigeria QR Code Payment Market by End-user, 2021 - 2024, USD Million
TABLE 112 Nigeria QR Code Payment Market by End-user, 2025 - 2032, USD Million
TABLE 113 Rest of LAMEA QR Code Payment Market, 2021 - 2024, USD Million
TABLE 114 Rest of LAMEA QR Code Payment Market, 2025 - 2032, USD Million
TABLE 115 Rest of LAMEA QR Code Payment Market by Offerings, 2021 - 2024, USD Million
TABLE 116 Rest of LAMEA QR Code Payment Market by Offerings, 2025 - 2032, USD Million
TABLE 117 Rest of LAMEA QR Code Payment Market by Solution Type, 2021 - 2024, USD Million
TABLE 118 Rest of LAMEA QR Code Payment Market by Solution Type, 2025 - 2032, USD Million
TABLE 119 Rest of LAMEA QR Code Payment Market by Payment Type, 2021 - 2024, USD Million
TABLE 120 Rest of LAMEA QR Code Payment Market by Payment Type, 2025 - 2032, USD Million
TABLE 121 Rest of LAMEA QR Code Payment Market by Transaction Channel, 2021 - 2024, USD Million
TABLE 122 Rest of LAMEA QR Code Payment Market by Transaction Channel, 2025 - 2032, USD Million
TABLE 123 Rest of LAMEA QR Code Payment Market by End-user, 2021 - 2024, USD Million
TABLE 124 Rest of LAMEA QR Code Payment Market by End-user, 2025 - 2032, USD Million
TABLE 125 Key Information – PayPal Holdings, Inc.
TABLE 126 Key Information – One97 Communications Limited
TABLE 127 Key Information – Google Pay
TABLE 128 Key Information – Square, Inc.
TABLE 129 Key Information – PaymentCloud Inc.
TABLE 130 Key Information – Ecentric Payment Systems (Pty) Ltd
TABLE 131 Key Information – Revolut Ltd.
TABLE 132 Key Information – Nearex Pte Ltd.
TABLE 133 Key information – ACI Worldwide, Inc.
TABLE 134 Key Information – LINE Pay Taiwan Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA QR Code Payment Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting LAMEA QR Code Payment Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 6 Key Strategic Move: (Product Launches and Product Expansions : 2021, Feb – 2025, May) Leading Players
FIG 7 Porter’s Five Forces Analysis – QR Code Payment Market
FIG 8 Value Chain Analysis of QR Code Payment Market
FIG 9 LAMEA QR Code Payment Market share by Offerings, 2024
FIG 10 LAMEA QR Code Payment Market share by Offerings, 2032
FIG 11 LAMEA QR Code Payment Market by Offerings, 2021 - 2032, USD Million
FIG 12 LAMEA QR Code Payment Market share by Solution Type, 2024
FIG 13 LAMEA QR Code Payment Market share by Solution Type, 2032
FIG 14 LAMEA QR Code Payment Market by Solution Type, 2021 - 2032, USD Million
FIG 15 LAMEA QR Code Payment Market share by Payment Type, 2024
FIG 16 LAMEA QR Code Payment Market share by Payment Type, 2032
FIG 17 LAMEA QR Code Payment Market by Payment Type, 2021 - 2032, USD Million
FIG 18 LAMEA QR Code Payment Market share by Transaction Channel, 2024
FIG 19 LAMEA QR Code Payment Market share by Transaction Channel, 2032
FIG 20 LAMEA QR Code Payment Market by Transaction Channel, 2021 - 2032, USD Million
FIG 21 LAMEA QR Code Payment Market share by End-user, 2024
FIG 22 LAMEA QR Code Payment Market share by End-user, 20232
FIG 23 LAMEA QR Code Payment Market by End-user, 2021 - 2032, USD Million
FIG 24 LAMEA QR Code Payment Market share by Country, 2024
FIG 25 LAMEA QR Code Payment Market share by Country, 2032
FIG 26 LAMEA QR Code Payment Market by Country, 2021 - 2032, USD Million
FIG 27 Recent strategies and developments: PayPal Holdings, Inc.