Bandhan Bank has unveiled its latest digital payment solution, the Bharat QR Code, designed for Current and Savings account customers. This innovation allows seamless payments at merchant outlets via banking or UPI apps, eliminating the need for debit or credit cards. Customers will receive instant notifications through a small speaker for every transaction.
Rajinder Babbar, Executive Director & Chief Business Officer of Bandhan Bank, highlighted the bank’s commitment to cutting-edge technology and customer convenience. “With the launch of BQR, we aim to provide a robust payment solution that empowers merchants to offer an easy mode of payment to their customers. By continuously investing in advanced technologies and user-centric solutions, we are ensuring our customers enjoy a seamless, intuitive, and accessible banking experience anytime, anywhere.”In Agartala, local vendors and retailers are enthusiastic about the Bharat QR Code’s potential to enhance the shopping experience. The ability to make payments without physical cards is expected to attract more digital-savvy customers, boosting market activity and contributing to economic growth.
Since becoming a universal bank in 2015, Bandhan Bank has rapidly expanded, with nearly 6300 banking outlets across 35 states and union territories. With a deposit base of Rs. 1.35 lakh crore as of March 31, 2024, and over 3.35 crore customers, Bandhan Bank continues to demonstrate its commitment to financial inclusion and innovation.
