Bringing all payment together, Modi Plans to Introduce Common QR Code Payments Solution
Bangalore, QR Code wallet opinion: There has been a lot of hype and enthusiasm by the Government of India, in promoting digital apps and other applications were the citizens can go digital. It has left no place in promoting the app like Narendramodi.in app to make each and every person living in India, more connected.
This is a good initiative, however the present government has failed to announce a official Government sponsored mobile wallet that the Indian people, the sellers and the buyers can easily trust upon.
My mobile, my bank, my wallet, NAMO urges youth to switch to e-banking, picture says the truth
With problems of cross payment platform across devices, like some using Paytm or any other apps
Looks like the government has come up with the idea of common QR code, across devices to solve his issue of payment. Post demonetization the surge towards digital payments have gone high as people face cash crunch situations every day due to less cash availability. QR (Quick Response) codes are also starting to pick up steam among the large Smartphone-browsing crowd.
QR codes are highly used as it is present messaging apps such as WhatsApp and Snapchat and so on. However, for digital transactions, Paytm which has a QR code feature might be the most used smartphone app that consumers use to pay for products without having to pay cash. Regardless of how QR codes are used, to drive acceptance of digital payments in the country, the government of India has also asked Mastercard, RuPay and Visa to have a common Quick Response (QR) code-based payments solution. The government's move is directed towards helping shops across India accept electronic payments in instances where card swipe machines are missing.
Demonetisation: Can India depend on non government mobile wallet like PayTm and other such