QR Code (QUICK RESPONSE) Playing Main role in
Cashless Payments. Many of mobile wallets designed there QR Codes are to
complete the payments by scanning in the same way Indian Govt Going to Release
QR Code toady.
This QR code supports for Master,
Visa, National Payment Corporation of India and Rupay Cards. And there were
proposals to release a QR code to support UPI, Mobile wallets.
Master Card Industry implemented MasterPass
and Visa card Industry Implemented mVisa system. But Rupay Still not
started Designing QR Code System.
QR Code Releasing by Indian
Government today can be used to start cashless payments Visa Card and Master
card users and Different types of Banks like ICICI can use This Indian Government
QR code. Customers can pay there cashless payments by scanning this (QR Indian
code)
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