Home Finance QR Codes For Payments: What They Are & How To Use Them

QR Codes For Payments: What They Are & How To Use Them

QR Codes For Payments
QR Codes For Payments

It’s understandable why QR codes have become so popular. They give customers a simple, contactless payment option, and they are quick and easy for businesses to implement. Here is what you need to know to provide an excellent touch-free user experience when accepting payments with QR codes. 

More often than not, you must have faced a situation of paying with a QR code, usually by scanning it. With the rising popularity of digital payment in India, you should know about the codes and how to use them. Here is a guide for the same. 


A QR code is a barcode to transmit data scanned by a smartphone, tablet, or another imaging device. 

The letters “QR” stand for “quick reaction,” a term registered as a trademark by the Japanese manufacturing firm that created the codes in the 1990s. These days, QR codes are utilized for various purposes, including transactions, restaurant menus, and ticket machines.

The ability to scan QR codes from paper or a screen gives them an advantage over traditional linear barcodes. QR codes offer far greater flexibility than linear barcodes, which can only be read from paper.


You can leverage the data from a client’s smartphone camera to lead them to a specific payment URL when they scan your QR code. The steps are comparatively simple:

  • To pay with a QR code, a consumer activates the camera on their smartphone or tablet and points it at the code.
  • When the camera automatically detects the barcode, the consumer can tap a push notification that opens with the payment URL.


Although it had long been a popular payment option in several countries, it wasn’t until the COVID – 19 epidemic that it became well-known in the US. Both customers and business owners quickly grasped the value of these tiny black and white boxes for contactless transactions.

QR code payments have gained in popularity and are here to stay. Digital payments in India are increasing, so there are fewer opportunities for the strategy to fail. Here are a few reasons to consider including them in your payment plan.

  • Simple and quick setup

Generating QR codes for use in payments is simple. There is no need for extra infrastructure or technology. A free QR code generator, such as QR Code Generator or QR Code Monkey, merely requires the URL of your online store or payment form.

 These services allow you to change the colour and size or incorporate your brand inside the QR code to customize its appearance.

  • Fast payments

Most of the time, consumers need to open their camera and scan a QR code to access your payment form or online store. This procedure can streamline the steps and free time for employees and clients.

  • Ease of availability for customers 

The rate of smartphone penetration is growing rapidly in India. Customers are becoming accustomed to making transactions with their smartphones due to this massive shift to mobile. It also implies that almost everyone always has a QR code scanner with them.


When you have a QR code, you can add it to paper and digital documents so that clients may scan it with their smartphones. Here are some suggestions for using and sharing your new QR codes:

  • Use a QR code to give customers a simple option to pay using their phone on your contracts, estimates, or proposals.
  • Add a QR code to service documentation to enable your staff to accept contactless payments from clients.
  • Use a QR code on postcards or promotional fliers to make it simple for clients to sign up and pay for a service or event.
  • Give donors the option to donate from their phones by adding a QR code to a donation card or poster.


Numerous companies have realized the marketing and communication potential of QR codes. They can connect the physical world and the internet. Thanks to technology, people may now more easily access the website or resource hidden behind a QR code. 

People can now pull out their phones, open their cameras, and the built-in software will handle the rest without downloading a specific QR code reader.

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