RBI Bars Payments Firms From Issuing Proprietary QR Codes
QR codes for UPI and Paytm transactions are displayed at a roadside food stall in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

RBI Bars Payments Firms From Issuing Proprietary QR Codes

The Reserve Bank of India barred payment firms from issuing proprietary quick-response codes and asked them to switch to at least one interoperable QR code to improve ease of use. Payment system op...
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