How to make payments to merchants using Bharat QR Code.
Currently, Bharat QR is code is supported by nationalised bank BANK OF INDIA and they have also launched their BOI QR Merchant app and it has been also integrated into ICICI Bank’s Pockets app and HDFC Bank’s PayZApp, with more banks expected to update their apps with support for the same. I tried making payment using ICICI Bank’s Pocket app and it worked like a charm. To test the feature, I generated a QR code using BHIM app. Next, I used Pocket’s app to scan the QR code and the payment successfully went through via UPI.
In short, you will need your bank app or BHIM app installed on your phone. At the merchant’s store, open the app, tap on Scan QR Code or Scan & Pay (option will differ from one bank to the other) and scan the Bharat QR Code. Once the code is scanned, you will have to enter the amount that you want to pay, add a remark and enter your four-digit passcode. Once authentication is complete, the money will be transferred to the merchant’s bank account.
Bharat QR, a quick response code jointly developed by National Payments Corporation of India (NPCI) that runs RuPay cards, Visa, MasterCard and American Express, under instructions from the Reserve Bank of India (RBI), is set to revolutionise electronic payments in the country.
With the QR code, a customer no longer needs to enter the merchant's ID or phone number to make payments. The payment can be made by scanning the QR code and entering the transaction amount. The amount is debited from the bank account without the need of a swiping machine.
Currently, Bharat QR is code is supported by nationalised bank BANK OF INDIA and they have also launched their BOI QR Merchant app and it has been also integrated into ICICI Bank’s Pockets app and HDFC Bank’s PayZApp, with more banks expected to update their apps with support for the same. I tried making payment using ICICI Bank’s Pocket app and it worked like a charm. To test the feature, I generated a QR code using BHIM app. Next, I used Pocket’s app to scan the QR code and the payment successfully went through via UPI.In short, you will need your bank app or BHIM app installed on your phone. At the merchant’s store, open the app, tap on Scan QR Code or Scan & Pay (option will differ from one bank to the other) and scan the Bharat QR Code. Once the code is scanned, you will have to enter the amount that you want to pay, add a remark and enter your four-digit passcode. Once authentication is complete, the money will be transferred to the merchant’s bank account.
With the Bharat QR code, a customer no longer needs to enter the merchant's ID or phone number to make payments
Bharat QR, a quick response code jointly developed by National Payments Corporation of India (NPCI) that runs RuPay cards, Visa, MasterCard and American Express, under instructions from the Reserve Bank of India (RBI), is set to revolutionise electronic payments in the country.
It does away with the swipe machines as digital payments can be done without traditional swiping. It is a two-dimensional (black squares arranged in a square grid on a white background), machine-readable optical label that contains information about the item to which it is attached.
With the QR code, a customer no longer needs to enter the merchant's ID or phone number to make payments. The payment can be made by scanning the QR code and entering the transaction amount. The amount is debited from the bank account without the need of a swiping machine.
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