Digital Wallets

Sushubh

Administrator
[OP]
Oct 29, 2004
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Gurugram
phonepe of course generates the qr code for the establishment.

i am also seeing unbranded bharat qr codes at some shops in my local market. they are pure upi codes as they feature logos of multiple upi apps. i am guessing these are the ones being pushed by banks?

 

raj2007

Chennai
Regulars
Feb 27, 2009
2,464
125
Chennai
Bharat QR accepts Credit card + Debit card + Bank accounts
UPI QR accepts only Bank accounts
Am i right?
 

genie

woot !
Regulars
Jan 10, 2008
1,213
1,122
Bangalore
phonepe of course generates the qr code for the establishment.

i am also seeing unbranded bharat qr codes at some shops in my local market. they are pure upi codes as they feature logos of multiple upi apps. i am guessing these are the ones being pushed by banks?
Apparently Bharat QR and Bharat PE is not same. Bharat QR can be scanned by other non upi apps like credit card app. Bharat PE is readable by only upi apps.

Merchant can generate the code using the BharatPe for Merchants app. Probably for Bharat QR code the bank will provide the code.


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Last edited:

Sushubh

Administrator
[OP]
Oct 29, 2004
413,823
12,769
Gurugram
bc itna complicate bana rakha hai. they really should aim for a single unified qr for everything.
 

genie

woot !
Regulars
Jan 10, 2008
1,213
1,122
Bangalore
Why do we even need the QR code ? Just replace the qr scanner with ocr scanner and give the merchant a unique permanent alpha-numeric code which he can display and the customer can scan or just type in his device. This is exactly what already exists with the upi apps....if you cant scan you type in vpa or mobile number. All these merchant data can be provided when registering with the bank, even if it changes later the unique code remains permanent.
 


Sushubh

Administrator
[OP]
Oct 29, 2004
413,823
12,769
Gurugram
Qr code can store a lot of data in a square block which is much easier to scan compared to text in any way orientation. I am going to guess that there is a good reason why bar code was invented and is used globally!
 

Sushubh

Administrator
[OP]
Oct 29, 2004
413,823
12,769
Gurugram
Of course tech is much better today but qr codes are still going to have a better success rate than ocring text.
 

Sai

Regulars
Nov 6, 2008
2,312
200
Mangaluru, Karnataka
We need QR code because we retailers use dynamic QR codes in retail outlets. Latest POS payment terminal from banks like HDFC support this along with regular cards.
 
Reactions: Sushubh

Sushubh

Administrator
[OP]
Oct 29, 2004
413,823
12,769
Gurugram
Right. Pos devices i belive generate qr code for payment through apps these days. I have seen jio money listed in credit card machines?