Bharat QR code

  • It is a quick response (QR) code to enable digital payments without card swiping machines.
  • It is world’s first interoperable payment acceptance solution launched by Indian Government to move towards less-cash economy.
  • Bharat QR code has been developed by jointly by National Payments Corporation of India (NPCI), Visa, MasterCard and American Express under instructions from Reserve Bank of India (RBI).
  • It works as common interface for the MasterCard/Visa/RuPay platforms and also facilitate acceptance of Aadhaar-enabled payments and Unified Payments Interface (UPI).
  • It enables person to make payments to retailers without using the merchant’s ID or number.
  • It eliminated need of using card swiping machines making digital payments. Using, BharatQR code merchants will be required to only display one QR code instead of multiple ones.
  • Users can make payment by scanning the code. BharatQR code is of two types static and dynamic.
  • In static QR code, first code need to be scanned and then amount is entered to make payment.
  • In case of dynamic QR code, new QR code will be generated in real time for every transaction. In this case there is no need to enter the amount. The payment is just made by scanning and entering the PIN.

1 thought on “Bharat QR code”

  1. Hello, Thanks for sharing this article related to Bharat QR Code. Bharat QR a new cashless payment method has been launched by National Payments Corporation of India. Scan the QR code with the Trupay App and make your payment.

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