HDFC Bank Becomes 1st Bank To Launch UPI QR Code
HDFC Bank on July 13, said it has launched a UPI QR code interoperable with India’s digital rupee or central bank digital currency (CBDC.) With this, it becomes the first commercial lender in India to do so. With this, customers and merchants can make payments using digital rupee through this UPI QR code. “HDFC Bank today announced the launch of UPI QR code interoperable," said HDFC in a statement.