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

Summary

The video script discusses the unique topic of UPI (Unified Payments Interface) in India, explaining how to make payments without a bank account using a credit card and a QR code. It highlights the benefits of using UPI, such as multiple payment options and the ability to scan and pay directly from various applications. The script also touches on the differences between the Indian QR code and UPI QR code, and the availability of UPI across different platforms and devices, emphasizing its convenience and modern approach to digital payments in India.

Takeaways

• 😀 The video discusses the unique topic of UPI (Unified Payments Interface) and QR codes in India, which is not widely covered on YouTube.
• 🔍 The speaker initially had no bank account but was able to make payments via credit card using a friend's UPI QR code.
• 📱 UPI QR codes in India offer multiple payment options, unlike the standard QR codes that are limited to market transactions.
• 💳 The script explains that UPI QR codes allow payments directly from bank accounts, without the need for a linked account, offering flexibility.
• 🛒 It mentions that UPI supports various networks like Visa, Mastercard, and American Express, enabling a wide range of payment options.
• 🏦 The video highlights the difference between India's QR codes and UPI QR codes, emphasizing the multiple payment benefits of the latter.
• 📲 The speaker talks about various applications that support UPI QR codes, including Google Pay, Paytm, and the official BHIM app.
• 🔗 The script mentions that to generate a UPI QR code, one must be registered as a merchant, and the process involves a provider.
• 💡 The video suggests that the concept of UPI QR codes is designed to reduce costs and offer a charge-free payment method for customers.
• 🛍️ The script also touches on the future of UPI QR codes, indicating that they are becoming more modern and feature-rich.
• 👨‍🏫 Lastly, the video serves as an educational resource for understanding UPI QR codes, their generation, and their use in payments.

Q & A

What is the main topic discussed in the video?

The main topic discussed in the video is the UPI (Unified Payments Interface) QR code and its various features, benefits, and how it can be used for payments in India.

Why did the speaker decide to make a video on UPI QR codes?

The speaker decided to make a video on UPI QR codes because they found very few videos on the topic after searching on YouTube and thought it would be valuable to create a detailed video explaining the concept.

What is the difference between a UPI QR code and a regular QR code?

A UPI QR code is specifically designed for payments in India and offers multiple payment options, while a regular QR code can be used for various purposes and may not be limited to payments.

How can one use a UPI QR code for payments?

One can use a UPI QR code for payments by scanning the code with a UPI-enabled app, selecting the payment option, and completing the transaction using a bank account, credit card, or other linked payment methods.

What are some of the benefits of using UPI QR codes?

Some benefits of using UPI QR codes include the ability to make payments without needing a bank account, multiple payment options, and the convenience of making payments through various UPI-enabled apps.

Can UPI QR codes be used for payments outside of India?

UPI QR codes are primarily designed for use in India, and their functionality for payments outside of India may be limited or not supported.

What are some applications that support UPI QR code payments?

Some applications that support UPI QR code payments include Google Pay, Paytm, BHIM UPI, and other UPI-enabled banking apps.

How does the UPI QR code work with credit cards?

UPI QR codes can be used with credit cards by scanning the code and selecting the credit card as the payment option, allowing for payments to be made directly from the credit card.

What is the difference between a UPI QR code and a merchant QR code?

A UPI QR code is used for making payments, while a merchant QR code is used for receiving payments. Merchants need to be registered with a bank to generate a merchant QR code.

Can individuals generate UPI QR codes for receiving payments?

No, individuals cannot generate UPI QR codes for receiving payments. UPI QR codes for receiving payments are typically generated for merchants who are registered with a bank.

What are the charges associated with using UPI QR codes for payments?

There are no charges for using UPI QR codes for payments, making it a cost-effective option for transactions.