Definition
Dynamic QR generation refers to the process of creating fresh, transaction-specific QR codes through merchant systems or payment apps. Each QR is generated instantly with pre-filled details like amount and merchant information.
Examples
- Online shopping sites generate QR for each order.
- Utility companies sharing QR with exact bill amounts.
- Restaurants offering QR on invoices for direct payment.
Importance
Dynamic QR generation ensures transparency, avoids entry mistakes, and helps businesses keep better track of payments. It also adds a security layer since each QR is valid only once.