"Today the Accredited Standards Committee X9 Inc. (X9), the organization accredited by ANSI to develop financial industry standards for the United States, announced the publication of a new standard, "X9.150, Merchant-Presented QR Codes For Secure Payment." The standard can now be downloaded from the ANSI website. Using payment QR codes for instant or account-to-account transactions bypasses the need for physical cash, checks or cards, and enhances transaction security, which benefits billers, merchants and consumers."