QR Code Scanner

byPaytm Editorial TeamLast Updated: August 19, 2025

Definition

A QR Code Scanner is a tool or mobile feature that reads QR codes for making payments or accessing information.

Usage in Payments

In digital payments, a QR scanner helps customers scan merchant codes to send money securely without typing account details.

Advantages

  • Quick scanning process
  • Reduces errors in payments
  • Easy to use on smartphones

You May Also Like

Pending UPI TransactionLast Updated: September 16, 2025

Definition A pending UPI transaction means the payment request has been initiated but not completed due to technical…

UPI ChargesLast Updated: July 16, 2025

Definition UPI Charges refer to the fees that may be applied to certain UPI transactions, especially commercial or…

DepreciationLast Updated: December 29, 2025

Meaning & Definition Depreciation is the reduction in the value of an asset over time due to usage,…

UPI 123PayLast Updated: July 16, 2025

Meaning and Full Form UPI 123Pay is an offline UPI payment solution launched by RBI to help feature…

Government SubsidyLast Updated: January 29, 2026

Meaning Definition A Government Subsidy is financial assistance provided by a government to individuals, businesses, or institutions. Purpose…

Peer-to-Merchant (P2M) TransferLast Updated: July 11, 2025

Introduction Peer-to-Merchant (P2M) Transfer refers to UPI transactions where a customer sends money to a business or service…