Definition
A UPI QR Code is a scannable code that lets users send or receive money by scanning it using any UPI-enabled app.
How It Works
Once scanned, it fetches the payee’s details automatically, so users can enter the amount and authorize the transaction using their UPI PIN.
Usage
UPI QR Codes are commonly used by local shops, businesses, and individuals for instant payments.
Also Read: Pay with Paytm by Scanning Any App’s UPI QR
