Paymyindia was among the first payment platforms in India to introduce payments feature by scanning QR codes. The feature was initially available on the company’s mobile wallets only before it launched the UPI feature in the app. Payment through this method has become very common nowadays as various merchants across the country, regardless of the size of their business, tend to receive quick online payments through the UPI interface. It is considered to be safe as the money is transferred directly from one bank account to another.
Apart from this, it also saves time as people do not require filling different fields such as mobile numbers, bank account numbers, IFSC etc.
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