What Is Bharat QR and How to Use It?

Cashless, digital transactions are the words of the hour. Everyone is moving towards using e-wallets, cards or UPI to make payments and transact. One such addition to these various means of digital transactions is Bharat QR.

 As the name suggests, Bharat QR is a QR-based payment solution that you can use to make P2M (Person to Merchant) digital payments. You can directly scan the Bharat QR code deployed at the merchant’s or seller’s place using any Bharat QR-enabled mobile application.

Bharat QR is a new transformative way to pay with your mobile phone. There’s no need to carry cash. Here are the key features:

Secure

Bharat QR offers high security, comparable to UPI payments. Your card details remain confidential and are not shared with any third party, ensuring your financial information is protected during transactions.

Interoperable

Bharat QR works across various apps that support it. You can make payments using multiple options like Visa, MasterCard, Amex, RuPay cards, or BHIM-UPI, making it highly versatile and user-friendly.

No Additional Charges

Using Bharat QR for payments comes at no extra cost to customers. There are also no hidden fees. This makes it a cost-effective solution for hassle-free transactions.

You only need a smartphone with a data connection and a mobile app that supports Bharat QR, downloaded on your phone. Bharat QR makes payments easier everywhere. Look for the Bharat QR acceptance mark and QR code at the billing counter of your retail store or payment gateway page of your favourite shopping website/app.

Payment at Store:

Here are the steps involved in making payment at a store-

• Scan the merchant’s QR code or type in the Bharat QR Merchant ID in the app.
• If the Bharat QR is enabled with UPI, you will be given the option to pay via card or UPI
• Once you select the desired option, enter the amount you need to pay the merchant.
• Authenticate the transaction with your mPin (passcode).
• Get the transaction confirmation.
• And it’s done!

Bill Payment:

If you wish to pay your bill, check the steps below-

• You need to spot the Bharat QR acceptance mark and the QR code on the check-out/billing page when you are ready for your purchase
• Scan the QR code or type in the numeric merchant ID.
• If the Bharat QR is enabled with UPI, you will be given the option to pay via card or UPI.
• Once you select the desired option, you must enter the payable amount or scanning the QR code will automatically display the payable amount.
• Authenticate the payment with your mPin (passcode) and confirm the transaction.
• Get the transaction confirmation instantly. And it’s done!

With Bharat QR, you authorise each payment with an mPIN (passcode), which prevents other people from using your account even when you lose your phone as only you know your mPIN.

You can request the merchant directly for a refund or contact your bank just as you would with any credit or debit card payment.

In easy terms, Bharat QR is an alternate channel of payment, where you can download a Bharat QR-enabled mobile banking app.  You can scan this code at the shop and select how you want to pay, i.e. debit/credit/prepaid or UPI. Once the payment is successful, you and the merchant/ seller will receive a notification for the successful transaction.

Did you know PayZapp uses the Bharat QR code? Click here to read more about what is PayZapp here.

* The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances.