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The QR code system was invented in 1994, at the Denso Wave automotive products company, in Japan. [6] [7] [8] The initial alternating-square design presented by the team of researchers, headed by Masahiro Hara, was influenced by the black counters and the white counters played on a Go board; [9] the pattern of position detection was found and determined by applying the least-used ratio (1:1:3 ...
Bijlipay became the first Indian Point-of-Sale (PoS) devices-providing company to use BharatQR on the screen of PoS machines. [7]ItzCash announced rolling-out Bharat QR code features across its retail network to scan and pay money with ItzCash's Point-of-Sale devices by presenting a cell phone to a reader, across its network of 75,000 outlets in 3,000 cities and towns across the India.
A QR code payment is a mobile payment method where payment is performed by scanning a QR code from a mobile app. [1] This is an alternative to doing electronic funds transfer at point of sale using a payment terminal. [2] This avoids a lot of the infrastructure traditionally associated with electronic payments such as payment cards, payment ...
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Automatic identification and data capture (AIDC) refers to the methods of automatically identifying objects, collecting data about them, and entering them directly into computer systems, without human involvement. Technologies typically considered as part of AIDC include QR codes, [1] bar codes, radio frequency identification (RFID), biometrics ...
Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [1][2] It is used on mobile devices to instantly transfer ...
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