We already have enough #Payment acceptance tools In #India, like UPI, BharatQR, NCMC, Aadhaar Pay, RuPay, NETC, NACH etc. We dont need anymore for retail/B2B, else it will confuse a customer. We now need to focus on the following; 1. Customer Awareness & Access 2. On ground availability of infrastructure like BCs, Debit Card issuance… Continue reading Enough of Digital Payment Tools in India. Now we need following..
BharatQR code will DISRUPT the PAYMENT system by reducing the Merchant and Banks' investment in Payment acceptance INFRASTRUCTURE. Indeed a great move however now Merchant (Offline retailer) Acquisition doesn't remain an ASSET anymore. Can we imagine that we can make purchases on the move and find QR codes on Metro, Railway, Bus Stations, Airports etc… Continue reading Bharat QR Code and Payments