Introduction
Merchant UPI QR is a QR code assigned to a business to receive digital payments via UPI apps. It simplifies how customers pay by just scanning a code.
Definition
The definition of Merchant UPI QR is a machine-readable code linked to a merchant’s UPI ID that enables real-time payments directly into their bank account.
How It Works
Merchants print or display a UPI QR code at their store. Customers scan it using any UPI-enabled app, enter the amount, and complete the payment instantly.
Benefits
- Quick, contactless payments
- Works across all UPI apps
- Reduces need for cash or cards
- Easier tracking of transactions for businesses
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