• What is Bharat QR Code and what are its benefits?

    Bharat QR Code is a common QR code built for ease of payments. It is a standard that will support Visa, MasterCard and Rupay cards for wider acceptance. Currently, if you want to make a cashless payment at most stores, you need a credit and debit card to swipe and enter the PIN code for authentication.

Showing posts with label rupay. Show all posts
Showing posts with label rupay. Show all posts

Monday, 20 February 2017

How Does Bharat QR Works

How Does Bharat QR Works?. You, as a customer no longer need to worry whether your card will be accepted at any particular merchant location as the solution has been standardised across all card networks. To add to it, you don’t need to carry multiple cards. Just link the cards to the app and select the appropriate card during the payment. No need to share your mobile number or account details with anyone.

Your bank’s official mobile app or an app linked to Visa, MasterCard, RuPay platforms, generally comes with an inbuilt QR Code reader.

You just need to link your card or bank account with the mobile app as a one-time activity.

To make a payment, as a customer you would need to scan the 'Bharat QR' code using the mobile app.

The billed amount gets transferred from your account to the merchant’s account. 
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