QR Code News
In 2024, UPI transactions surged nearly 46 per cent, reaching a record 172.2 billion, up from 117.7 billion in 2023.
PAN 2.0 Project Benefits And Key Features: The PAN 2.0 Project modernises the taxpayer experience with upgraded PAN cards featuring QR codes, a unified portal, improved security, and eco-friendly operations. It ensures faster services, cost savings, and enhanced grievance redressal, benefiting 78 crore users.
The Permanent Account Number (PAN) is an alphanumeric identifier consisting of ten characters, issued as a laminated card by the Income Tax Department. Notably, the government has not yet announced the rollout date for PAN 2.0, but the initiative is expected to be a major step towards improving taxpayer services and strengthening the digital infrastructure.
The Centre has invited public suggestions on the Waqf Bill and after videos of Muslim community sending their suggestions through QR code went viral, the Hindu organisations have also joined the race.
As of December 31, 2023, the HDFC Bank's distribution network was at 8,091 branches and 20,688 ATMs across 3,872 cities or towns.
Retail CBDC transactions are averaging close to 18,000 a day, way short of the RBI's one million-a-day target by 2023 end. The features include allowing digital rupee transactions when a customer is offline and linking the e-rupee to India's popular Unified Payments Interface (UPI), three of the people quoted above said.
With this new DMRC TRAVEL app, passengers can now purchase tickets directly from their mobiles, eliminating the need to go to ticket counters/vending machines or stand in queues.
People and organisations who feed or rescue animals can use this," Akshay said while talking to ANI.
Indian Railways announce rail ticket bookings via QR code scanning
After Southern Railways, now service is being initiated in Northern Railways
Passengers can also avail tickets for long journeys ATVM
Educating the customers on online transaction through QR mechanism, State Bank of India has said that one should Never Scan QR Code to receive money.
After July 2018, those who received a PAN card received one with an Enhanced Quick Response code.
As a result, when a number of fraud cases were reported, QR codes were implemented.
A QR (Quick Response) app can simply recognise the QR (the longer phrase- Quick Response) code.
To decipher the code, all that is required is a camera and the app.
While it eliminates the time-consuming chore of entering bank account information, these genuine-looking codes may contain a potential threat.
To verify the authenticity of the summons, notices will be generated through the system bearing a QR code.
This comes amid instances of conmen issuing fake notices for impersonating ED officers to extort money.
The government is aiming to take forward the concept of the electronic voucher with a vision of good governance.
Besides being a cashless and contactless instrument for digital payment, it is a QR code or SMS string-based e-voucher.
It also ensures that the payment to the service provider is made only after the transaction is completed.
An editable QR code allows a user to change data and can edit your QR code content.
An editable QR code is hassle-free for printing.
However, if you have a Samsung device, it can be an easy task.
With the help of a QR (Quick Response) code, users can easily scan and automatically connect to the network.
Don't scan QR code.
Check out QR code scan.
Lose money if you scan QR code.
Previously, CBIC had delayed the date for implementation of QR code to October 1, 2020, and further deferred QR code in B2C invoices to December 1, 2020.
CBIC had then waived the amount of penalty payable by a registered person for non-compliance with provisions of dynamic QR code in the period till March 31, 2021.
Lastly, now the date has been deferred till June 30, 2021.
QR codes are two-dimensional machine-readable barcodes.
Increasingly used to facilitate mobile payments
QR codes can store a large amount of information.
Soon when you meet someone new, you will be able to scan their QR code to add them to your contacts.
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