UPI QR Code & Bharat QR Code Kya hai |Bharat QR kaise Istemal kare

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Bhim UPI QR code & BHARAT QR code . BHARAT QR aur UPI QR me kya fark hai.

1. What is Bharat QR?
Bharat QR is P2M Person to Merchant Mobile payment solution.
This solution is mutually derived among NPCI, Visa and Mastercard payment networks. Once the BQR codes are deployed on Merchant locations, user can pay the utility bills using BQR enabled mobile banking apps without sharing any user credentials to the merchant. It is a quick method of payment.

Bharat QR & BHIM QR Same?
BHIM QR is UPI Based QR. It is preferably used for P2P or P2M dynamic Transaction using Virtual Payment Address.
Bharat QR is specifically used for P2M transaction wherein payment is done via cards , Debit card/Credit Card/Pre-paid Card.

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