NPCI has launched the Bharat QR Code, A Quick Response (QR) code standard supporting Visa, MasterCard and Rupay cards transaction through mobile apps. This is the apps which is generally created keeping the merchant payment in priority.
Bharat QR code enables merchants to accept electronic payments without the need for a EDC or POS machine installed at their retail shop.
Customer of any bank can use this feature of Scan and pay through mobile banking or wallet application. For example ICICI Bank customer can use their Pocket application for payment through Bharat QR code.
Features allows customers of any bank to use their smartphones to make payments through the Pockets app using their ICICI Bank Debit Card or Pockets Prepaid Card. As like PayTm features or BHIM apps QR code payment system, This new facility allows customers to use their smartphone to scan Bharat Quick QR code at the merchant outlet. The transaction is completed with enhanced security and speed and the card details remain in control of the customer.
How make payments using Bharat QR code using ICICI Pockets apps or HDFC PayZapp ?