1: The codes are outside in a public space. They could easily be replaced, I do not trust them.
2: Even if I trust the code is what the business intended to produce doesn't mean that I would like to consent to the privacy policy of or provide any information to the 3rd party they chose.
The 2nd point is made worse by how in some cases there isn't an option to decline. And do some QR code readers do a pre-fetch or fully resolve the rendered domain/URL? I would take a bet yes.