Payment system operators in India can no longer issue new proprietary QR codes for mobile payments, the Reserve Bank of India (RBI) has announced. The move is part of the RBI’s plan to implement a fully interoperable QR code infrastructure in 2022. India’s two existing interoperable QR codes, UPI QR and Bharat QR “shall continue […]

Read the rest of India bans mobile payment providers from launching new proprietary QR codes at NFCW.