A QR code (Quick Response Code) is a two-dimensional, machine-readable label that contains information about the item to which it is attached. When customers scan a QR code and enter the transaction amount, it is transferred directly from the bank account without the need of a swiping machine. The system further eliminates the need for the merchant's ID or number.

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Added on : 2017-02-20 16:31:04

A QR code (Quick Response Code) is a two-dimensional, machine-readable label that contains information about the item to which it is attached. When customers scan a QR code and enter the transaction amount, it is transferred directly from the bank account without the need of a swiping machine. The system further eliminates the need for the merchant's ID or number.

Editor & Publisher : Dr Dhimant Purohit

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