Definition
Bharat QR is a unified QR code system launched by NPCI, in collaboration with card networks, to enable digital payments by scanning QR codes.
How It Works
A user scans the Bharat QR code at a merchant’s shop using a UPI-enabled app and authorizes the payment. The money is directly transferred from their bank account.
Advantages
Cardless payments, contactless experience, and acceptance across small and large merchants.
