Everything You Need to Know About QR Code Payments

In today’s digital world, everything has become extremely accessible and online. QR code payments have emerged as a revolutionary force, transforming how we conduct financial transactions. From mobile apps to point-of-sale terminals, QR codes have woven themselves into the fabric of modern commerce.

In this article, we delve into details about QR code payments, unravelling how they work, their advantages, and how to pay through UPI.

UPI Payments and QR code 

The Unified Payment Interface (UPI) was introduced in 2016 by the National Payments Corporation of India (NPCI). Today, it is the most commonly used payment method that lets its users make quick payments without sharing their personal information. One can make transactions through UPI using a phone number, UPI ID or QR code scanner.

All they need to do to make a QR code payment is scan to pay using their smartphone. The QR code typically contains information about the merchant and the transaction, such as the amount to be paid and the recipient’s payment details. Upon scanning the QR code, the user is directed to a payment gateway, allowing them to finalise the transaction using the linked bank account, credit/debit card, or any other available payment method.

Advantages of QR code payments

QR code payments offer several advantages over traditional payment methods, including:


QR code payments can be done quickly and easily using a mobile device. All that a user needs to do is scan to pay. Therefore, this helps eliminate the need for cash or physical cards. Online payment platforms such as Bajaj Pay UPI provide a seamless scan option, enabling users to make quick and hassle-free transactions with nationwide merchants within seconds.


Payments through UPI are generally more secure than traditional payment methods, as they use encrypted data to protect user information. Now, users can stay stress-free by paying through a UPI QR code, as their personal information stays secure. Bajaj Pay UPI has gained immense popularity for its robust security measures.


Online UPI payment apps are often less expensive than traditional payment methods, requiring less infrastructure and fewer intermediaries. Also, by using the UPI payment app to make the payment, the users even get cashback and numerous offers that can help them save extra with each payment.


QR code payments are accessible to a wide range of users, as they only require a smartphone and an internet connection.

How to Pay Through UPI Using a QR Code

If you are wondering how to pay through UPI app to ease out the payment process, then worry not. Here is a step-by-step guide:

Download a QR Code Scanner App

While the majority of smartphones are equipped with an integrated QR code scanner, users also have the option to download a specialised app for scanning QR codes. The Bajaj Finserv online payment app is available for Android and iOS users. It offers users scan to pay feature to let them make instant transfers.

Registration and Verification

After downloading the online payment app, users must follow the app registration process and provide basic information. Then, the user’s identity is verified through OTP shared on their respective number.

Create a Virtual Payment Address (VPA)

Users can then generate their VPA linked with their bank account.

Scan the QR Code

Point the smartphone’s camera at the QR code and scan it. The app should automatically recognise the code and redirect the user to a payment gateway.

Complete the Payment 

Adhere to the guidance given by the payment gateway in order to successfully finalise the transaction. This may involve entering payment details or selecting a preferred payment method.

Final Verdict

Now that this article has provided a detailed understanding of how to pay through UPI, the next step is to choose the most reliable and best UPI app, which is extremely important for instant payments. 

The Bajaj Finserv app is one such app that one can rely on any day. It allows easy and simple money transactions within seconds using the Bajaj QR code scanner. To use QR code payments, users need a smartphone with a built-in or downloaded QR code scanner app, as well as access to reliable technology and internet connectivity. 

Using the Bajaj QR code scanner saves time and offers secure transactions. One can quickly pay for big tickets or inexpensive purchases in seconds. This secure and reliable payment platform is available 24/7 for instant payments. The Bajaj Pay UPI is an excellent choice for the smoothest payment experience.

Download the Bajaj Finserv app now and enjoy the easy, contactless payment option.