UPI Merchant QR

byPaytm Editorial TeamLast Updated: September 22, 2025

Definition

A UPI Merchant QR is a scannable QR code provided to merchants for receiving UPI payments.

Meaning of UPI Merchant QR

Customers can scan this QR code using any UPI-enabled app to pay instantly. The code is linked to the merchant’s bank account, ensuring direct credit.

Importance

It reduces the need for cash handling and enables quick, secure, and contactless payments. Merchants can display the QR at shops, websites, or apps.

You May Also Like

RERALast Updated: November 14, 2025

Full Form & Meaning Full form: Real Estate (Regulation and Development) Act. RERA was introduced in 2016 to…

Fraud Detection SystemLast Updated: August 12, 2025

Meaning A Fraud Detection System is a technology-based system that identifies suspicious or unauthorized transactions in real-time to…

UPI Bank MappingLast Updated: July 16, 2025

Definition UPI Bank Mapping is the process that connects your UPI ID or mobile number to a specific…

UPI Refund TimelineLast Updated: October 21, 2025

Definition UPI Refund Timeline means the time it takes for a failed or reversed UPI payment to reflect…

UPI One WorldLast Updated: September 10, 2025

Meaning UPI One World is a payment system designed to allow Non-Resident Indians (NRIs) and international users to…