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What Is A QR Code Why It Is Widely Used In The
World?
The QR code stands for Quick Response it is like
a barcode that is used by any digital device to
make the QR code payments on any store and it is
in the form of a black and white square grid
shape. These are regularly used for the
information about the items and products in a
supply network.- in todays tradition many of the
smartphones have QR codes readers, and generally
they are used for merchandise and billing
campaigns. And these QR codes are very useful and
helpful and also play an important role to track
coronavirus cases and help to slow the spread of
the coronavirus.
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• You can download these QR codes directly from
  your google play store easily and make the QR
  code payments.
• It helps to scan the accounts online and then
  verify these accounts with their authenticated
  user.
• It accesses the wi-fi with the help of storing
  the details such as passwords.
• Used to send or receive payments and related
  information.
• These QR codes are created by a company which is
  settled in the UK called QR memories to help
  people to scan the QR code for the payments.

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How does the QR code technology work?
This QR code comes with a pattern that acts as
binary numbers that help to reveal the
information. QR code readers can easily monitor
the standard QR codes which are based on the
large squares which are outside the QR code. When
the QR code reader reads the QR code then it will
have all the information about it. To scan the QR
code then you will scan only the square grid to
make the payments with these QR codes as compared
to Pay at the table.
What is QR Code Payment and How does it Work?
QR code payments are also known as digital
payments which are very trending nowadays and it
is part of day-to-day life. During this covid-19
situation and lock down many of the shops accept
these digital payments to avoid the Pay at the
table and maintain the social distancing and
these digital payments are done by scanning these
QR codes. It accepts most of the shops for
example- dairy, confectionery stores, medical
shops, supermarkets, etc.
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 Two Types Of QR Codes Are Available
1 - Stable QR code
2 - Dynamic QR code
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Stable QR Code
This type of code contains its payment URL
already inside. This static QR code could not be
tracked and those contents which contain the code
do not change. That type of QR code is used for
quick payments. In this the purchaser only just
scans the QR code then enters the amount after
that the shopkeeper or merchant will verify the
details and the purchaser can transfer the
amount.
Dynamic QR Code
The second one is a dynamic QR code which gives
the best payment experience for both purchasers
as well as merchants. It will approach with the
extra features as compared with the static one.
In this, the merchandiser will verify how many
purchasers scan the QR code with how many
different types of devices. This code carries the
information of the payments. In this, the
purchaser only accepts the transaction by the
given QR code app and it requires only a good
camera.
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Benefits Of Using QR Payment
A - Simple, Cost-effective Setup
B - Security
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A - Simple, Cost-effective Setup
The only need to accept or do digital payments is
a mobile phone with a good quality camera, and it
helps to accept faster payments. This QR code
authorizes you to take the payments from multiple
purchases at one time. In this Contactless
Payment technology method, the purchaser can
freely make the payments and the merchant will
focus on the other areas of the shop.
B - Security
These digital payments through the QR code are
one the safest method for the transition of money
from one account to another account. It takes
place on the visa card that secures the entire
transaction of the money and in this process you
will not need to worry about the card details and
information and shopkeepers store the purchasers
information securely.
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