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

Author

Paytm Editorial Team

The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.

You May Also Like

Form 15HLast Updated: January 29, 2026

Meaning This form allows eligible senior citizens to avoid Tax Deducted at Source (TDS) on certain incomes. Definition…

Floating Interest RateLast Updated: October 21, 2025

Definition A Floating Interest Rate is a loan or deposit interest rate that changes periodically based on market…

UPI Transaction MonitoringLast Updated: November 14, 2025

Definition UPI Transaction Monitoring is the continuous tracking of transactions to detect fraud, delays, or technical errors. Objective…

UPI Customer AuthenticationLast Updated: October 21, 2025

Definition UPI Customer Authentication verifies the user’s identity before completing a transaction. Methods Typically involves UPI PIN, device…

UPI TokenizationLast Updated: September 16, 2025

Meaning UPI tokenization replaces sensitive card or account details with a unique digital token for processing payments. This…

Account Payee ChequeLast Updated: September 10, 2025

Definition An Account Payee Cheque is a cheque that can only be deposited into the bank account of…