QR code payment is a method of electronic funds transfer that uses a QR code to send payment information, such as bank account or credit card information. A QR code payment is an alternative to a contactless payment at the point of sale, where an electronic funds transfer is performed through a mobile app by scanning a QR code.

What’s UPI Technology?

With QR code payment system, you can pay and transact at all UPI enabled shops, stores and businesses that accept payments through QR code. The QR code will be generated by your mobile app, enter your card details and click on the transfer button. Once the transaction has been approved in the Merchant server, it will become final and no refunds are possible.

How does a QR code payment work?

QR codes are the perfect way to accept payments from customers. QR code (payment acceptance) carries a set of commands related to the transaction. After this command is issued, a QR code is generated, which depending on what the merchant specifies will either generate a payment link, confirm payment or do any other function they specify.

Static Style QR code

QR codes are used to facilitate quick and easy payments. It takes only a few seconds for a user to scan the QR code to make the payment. In numerous industries, such as delivery services, in-home services, retail, taxi-drivers, street vendors, and in-store retail stores, QR codes are used to facilitate quick and easy payments. It takes only a few seconds for a user to scan the QR code to make the payment.

Dynamic Style QR code

Dynamic QR codes, also known as 2D barcodes, are becoming an increasingly popular payment option. With dynamic QR codes, a merchant can customize the request amount and choose which information is to be included on a given payment screen. This adds an additional layer of personalization to the user’s experience, while also allowing the merchant to convey important information such as location details or hours of operation.