India to mandate QR mobile payments in stores?
The Indian government is looking to mandate a QR code-based payment option using UPI at all shops and establishments with consumers opting for this method of payment eligible for GST benefits along with shopkeepers. The measure is intended to promote digital payments as the preferred option. The move follows a goahead by the GST Council before the elections and now the details of the payment mechanism are being worked out at the official level with National Payments Corporation of India (NPCI) roped in to roll it out nationally.
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