Scan and pay facilitates fast payment or fund transfer by simply pointing to a QR code using a UPI or any app that supports the feature. It can also make online and offline payments at any outlet or e-commerce website.
WHAT ARE QR CODES?
QR translates to ‘Quick Response’. It is a code that can be scanned or read by any digital device like a mobile phone. QR codes store various forms of data like coupons, links to a website, payment, etc. It provides instant access to information and redirects users to a particular destination. QR codes can be scanned from a screen or paper with any Android or iPhone device.
HOW DOES QR CODE PAYMENT TECHNOLOGY WORK?
Often considered a contactless payment method in India, QR code is the best alternative for electronic fund transfer at point of sale. To make a QR code payment, consumers have to scan the code displayed by shopkeepers or merchants in any online or offline stores with their smartphones to pay for their purchases.
Step 1: Open the camera and point it towards the QR code
Step 2: Your device will recognise the code and redirect you towards the payment destination
HOW DOES SCAN TO PAY WORK?
Scan to pay is the best contactless digital payment method that has been a rage since the pandemic. The RBI’s push towards a cashless economy has made ‘Scan to Pay’ and ‘Scan and Pay’ the much-needed solution for the people of India.
ADVANTAGES OF QR CODE PAYMENTS
- Allows touch-free or contactless payments
- It helps small businesses accept contactless payments
- Merchants can print their QR code to accept payments
- Doesn’t require any high-cost investment for customers or merchants
- Secure payment method
- Encrypted payment data allows you to pay without sharing personal information
- QR codes are easy to create
HOW TO SCAN AND PAY WITH FREO PAY
Step 1: Download and install Freo Pay
Step 2: Register and fill in the required information
Step 3: Your amount will be approved in minutes
After the approval, you can use Freo Pay at your favourite merchant shops and stores to scan now and pay later. You can also scan QR codes generated in Paytm, PhonePe or Google Pay.
FEATURES OF FREO PAY
✅Get 0% interest for 30 days
✅Scan and pay
✅Repay and reuse
✅Quick money disbursal
✅No hidden fees
✅Get up to ₹6,000 in 5 minutes
FEES AND CHARGES
Freo Pay is a free to use Scan and Pay app. But late fees will be applied if a payment deadline is missed.
We help people avoid awkward conversations about borrowing money. So, we’re the one for you if you are looking for a friend who will lend you money without all the talking, formalities, and paperwork!
With Freo Pay, you can shop today and pay back next month. Simplify your shopping experience. Shop any time, anywhere, with the Freo Pay app.
- Can I scan PhonePe, Paytm, BharatQR, Google Pay, BHIM QR, Amazon Pay QR codes using Freo Pay?
Yes, you can san QR code at any merchant stores and pay using Freo Pay.
- How to scan and pay a bill?
Scan to pay is a very fast method of contactless payment compared to other modes.
Step 1: Open your Freo Pay
Step 2: Point your phone to the QR code
Step 3: Confirm to process payment
- Can I scan a QR code with Freo Pay for payment while delivering an item from e-commerce services like Flipkart and Amazon?
Yes, if there is an option to do online payment using QR codes, you can use your Freo Pay account for the payment.
- How safe is the QR payment?
Payment through a QR code is considered secure, as users can verify the authenticity after scanning. If the information doesn’t match, they can always cancel the transaction without complication.
- Is scanning QR codes dangerous?
No. Scanning QR codes are safe. Just ensure to check all the details of the transaction before approving payment.
- Why should merchants and customers use QR code payments?
QR code payments are secure and encourage contactless transactions.