Articles for Upi Qr

BMTC pushes digital payments by implementing static UPI QR codes in buses
1 day, 15 hours ago

BMTC pushes digital payments by implementing static UPI QR codes in buses

The Hindu  

The Bengaluru Metropolitan Transport Corporation has made strides in enhancing cashless travel by implementing static UPI QR codes in 75% of its bus fleet. BMTC officials said that UPI transactions now contribute 20% of the corporation’s daily ticket revenue, amounting to approximately ₹60 lakh daily. Digital payments not only streamline the ticketing process but also ensure greater transparency,” said a …

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Digital payment trends: UPI transactions skyrocket to an astounding 9.3 billion in June 2023, says study
1 year, 3 months ago

Digital payment trends: UPI transactions skyrocket to an astounding 9.3 billion in June 2023, says study

Live Mint  

Worldline, a prominent player in payment services worldwide, has released its India Digital Payments Report for H1 2023. The total value of card transactions in H1’23 amounted to Rs 11.35 trillion, representing an 11.7 per cent increase from H1’22. Concerning transaction value, NB transactions in H1’23 totalled Rs 468.8 trillion, compared to Rs 442.4 trillion in H1’22, indicating a 5.9 …

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SBI, six other bank customers can scan UPI QR code and pay via digital rupee
1 year, 4 months ago

SBI, six other bank customers can scan UPI QR code and pay via digital rupee

Live Mint  

The State Bank of India has become the seventh bank to implement UPI interoperability in its Digital Rupee also called Central Bank Digital Currency. “This cutting-edge feature, accessible through the 'eRupee by SBI' application will empower SBI CBDC users to effortlessly scan any merchant UPI QR code for swift and secure transactions,” SBI said in a statement. How bank customers …

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What is QR code fraud and how to escape it?
1 year, 4 months ago

What is QR code fraud and how to escape it?

Live Mint  

Unified Payments Interface transactions have seamlessly integrated into daily life, emerging as an integral facet. To steer clear of falling prey to this scam, refrain from scanning QR codes originating from unfamiliar or unsolicited origins. When scanning a QR code in a public setting, exercise caution to prevent onlookers from observing your actions. Below are additional precautions to ensure your …

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How Will UPI-Credit Card Linking be Different from Credit Card Payment on Paytm, MobiKwik?
2 years, 7 months ago

How Will UPI-Credit Card Linking be Different from Credit Card Payment on Paytm, MobiKwik?

News 18  

Though the Reserve Bank of India has allowed the linking of credit cards to the UPI platform, there are various fintech platforms, like Paytm and Mobikwik, that already provide payment facilities through these cards. Here’s what experts say about the linking: Platforms That Allow Adding Money Through Credit Cards Fintech platforms Paytm and Mobikwik allow their users to add money …

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Samsung phones now allow users to quickly scan UPI QR codes: Here's how it works
3 years, 2 months ago

Samsung phones now allow users to quickly scan UPI QR codes: Here's how it works

India TV News  

Samsung has just announced the launch of a new Scan QR feature that will allow users to make payments easily and quickly in India. The Scan QR feature enables users to make QR code payments by opening the camera or selecting the Scan QR code option from the Quick Panel. The Scan QR feature also reduces the time invested in …

India Samsung Pay Users Scan Upi Series Galaxy
SBI alerts users of QR Code scams: How to use QR codes the right way
3 years, 8 months ago

SBI alerts users of QR Code scams: How to use QR codes the right way

India TV News  

State Bank of India has alerted its users about the misuse of QR codes. QR Code scams QR Codes have made online payments a seamless process. SBI has alerted its users that QR codes are never used to receive money. Also, even if you scan a QR code, do not enter your UPI pin unless you want to send money …

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