Question

The world's first interoperable payment acceptance solution is developed by National Payments Corporation of India (NPC

Q: Answer-The world's first interoperable payment acceptance solution is developed by National Payments Corpor...

BharatQR code, the worlds first interoperable payment acceptance solution, was launched to move towards less-cash economy at an insignificant cost. The government has been aggressively pushing for higher usage of digital payment mechanisms, including launching BHIM app and increasing penetration of PoS machines. BharatQR code would require merchants to only display one QR code instead of multiple ones