No more rambling, just Scan & Pay
UPI is now emerging as the preferred mode for payments due to its large customer base
and acceptance. One of the most welcomed features of UPI is payment through QR Code.
The proliferation of affordable smartphones is leading to the mass adoption of new-age
digital payments services. QR Code payment is a contactless payment method where
payments are made by scanning a QR Code from a Mobile Application. Besides being a
perfect alternative to make electronic funds transfers, a QR Code also eliminates
infrastructures traditionally attached with electronic payments such as Payment Cards and
networks. The significant advantage you can take from this service is facilitating instant
payment, as QR Code-based Payments are quick compared to all other modes.