Aparna Lucknow, India 601 Questions 0 Answers 0 Best Answers 678 Points View Profile Aparna Asked: September 30, 20212021-09-30T19:24:44+05:30 2021-09-30T19:24:44+05:30In: Economics What is Committee For Analysis of QR Code? What is Committee For Analysis of QR Code? major economic committees Share Facebook 1 Answer Recent 0 Questions 518 Answers 176 Best Answers 0 Points View Profile Best Answer [Deleted User] 2021-09-30T19:26:27+05:30Added an answer on September 30, 2021 at 7:26 pm Committee For Analysis of QR Code Set up under the Chairmanship of D.B. Phatak in 2019 to review the prevalent system of QR Codes in India for facilitating digital payments. Report highlighted that the government should provide incentives to popularise usage of QR code transactions among consumers. Report noted that there should be a clear plan to phase out proprietary, closed loop QR codes in favour of open, interoperable standards. Considering the scale of the country, multiple interoperable QR codes should drive the acceptance infrastructure in coming years. It also summed up that the government / RBI should allow a controlled interchange instead of zero MDR on QR code / UPI / RuPay Debit card transactions, as well as give tax incentives to merchants who accept payments through electronic mode. 0 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Kasturirangan Committee? What is Malegam Committee?
Committee For Analysis of QR Code