Soon, you may be able to use the same QR codes for e-Rupee and UPI payments

In a few weeks, the QR codes for Central Bank Digital Currency- retail (e-Re retail) and UPI (Unified Payments Interface) could become interoperable, according to a report in The Hindu Businessline (HBL). This means that merchants can accept payments made through e-Re retail using the same QR code they use for UPI payments. They will no longer need to have a separate QR code for e-Re transactions.

The National Payments Council of India (NPCI) and the Reserve Bank of India are closely working on this project. HBL quoted sources as saying that the interoperability between e-Re and UPI QRs will be implemented only at the front end.

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