Match the given words with their meanings: a. prominent b. vulnerable c. potentially d. transaction e. initiatives f. launched g. enduring h. robust Meanings: i. an instance of buying or selling of something ii. the power or opportunity to do something before others do / started iii. to introduce a new plan or product iv. exposed to the possibility of being attacked / harmed v. strong and unlikely to break or fall vi. standing out so as to be seen easily, conspicuous vii. lasting over a period of time; durable viii. with the capacity to develop or happen in the future

There are different abbreviations used in the text. With the help of the internet or a dictionary, find their full forms: a. QR b. ISO c. IEC d. URLs e. EMVCo f. PIN

Decide whether these statements are True or False. Write NOT GIVEN if you do not find the information: a. The system of QR codes was first launched in South Asia. b. The standards of payments via the QR codes were approved by EMVCo. c. All sorts of businesses are aided by the QR code payments. d. There are several models to the QR code payment service. e. In countries like Nepal, the QR code paying system is a complete fiasco. f. The QR codes payment service is not applicable to small business.

Answer the following questions: a. How can one pay with QR codes paying system? b. How did Tencent and Alibaba first utilize the QR code services? c. How do the QR code based payment services launched by Visa and Mastercard mitigate payment problems? d. Why do we need a scheme operator to run the QR code based payment system? e. What basic requirements are needed to use the QR codes services? f. How can security concerns related to payment via QR codes be addressed? g. Who should be more careful: customer or the merchant in terms of payment issues? Why? h. Do you think the QR code based payment can be a panacea for all sorts of payment problems? Why?