Here is a new product from Mastercard. With this, customers will be able to make payments for autos, shopping, taxis, etc. In a note about this, Mastercard Ratnakar Bank release states that this is a fast, simple, and secure digital payment method where Masterpass QR is accepted. The Masterpass QR service is integrated onto the digital wallet, by Ratnakar Bank.
To note, Masterpass QR is an affordable, low priced technology where even the smallest merchants will be able to participate, regardless of location.