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Create your own QR code for digital payment, India

By Lokmat English Desk | Updated: November 12, 2021 15:53 IST

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Digital payments have been booming in India for the past few years. From small to large transactions, billions of financial transactions are also being done digitally.
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In the corona period, the use of digital payment has raise more. Even from big shops to small stalls everyone seems to have digital payment facilities like Phonepe, Paytm, Gpay, etc.
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With the help of digital payment and their QR codes mode of payment has become so easy and fast.
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The government has also launched online transactions through the Bhim app, promoting digital payments. It has become easy to send and receive money through the payment app available on smartphones.
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Payment is considered secure because of the QR code. If you are a shopkeeper, You can also create your own QR code this will definitely benefit you.
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Let's find out what is QR code and how it works, QR code stands for Quick Response Code. It is used to encode specific information.
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If you are a shopkeeper, you need to have a bank account to generate QR codes. You can generate your unique India QR code by linking your account to the Bhim app. You can then print that QR code and put it anywhere in the store.
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If you are a customer, you need to install a bank app or Bhim app on your phone to make a payment using a QR code. You can pay by scanning any shopkeeper's QR code through the app.
Tags: Digital India And Digital PaymentsPaytmGpayPhonePe
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