What is the Difference Between Bharat QR and BHIM UPI?

By BYJU'S Exam Prep

Updated on: November 14th, 2023

The difference between Bharat QR and BHIM UPI is based on the type of payment mode each utilizes. Bharat QR is a mobile payment solution that uses the P2M or the Person to Merchant mode using credit or debit cards. In addition to the Person to Merchant mode, BHIM UPI is much more dynamic and can be used in Person to Person mode. This is accomplished through the use of virtual payment addresses.

Difference between Bharat QR and BHIM UPI

The key differences between Bharat QR and BHIM UPI are elaborated in the table given below:

Bharat QR, created by NPCI, Mastercard, and Visa, is an integrated payment system for mobile devices in India. The National Payments Corporation of India (NPCI) developed BHIM (Bharat Interface for Money), an Indian mobile payment app based on the Unified Payments Interface (UPI).
The system became active in September 2016 and allowed users to transfer money from one account to another. It was launched on 30 December 2016, aiming to facilitate e-payments directly through banks and encourage cashless transactions.
The funds transferred via Bharat QR are deposited directly into the user’s linked bank account. The app supports all Indian banks using UPI, built on the Immediate Payment Service (IMPS) infrastructure.
It is interoperable with all banks and provides a common interface for RuPay, Mastercard, Visa, and American Express. It allows users to instantly transfer money between any two parties’ 170 member banks.
Bharat QR is currently available on both Android and iOS devices. It is compatible with all mobile devices.

Bharat QR vs BHIM UPI

Bharat QR is one of the digital payment solutions used by many Indians. To use this service, all you need is a mobile phone.

  • A BQR-enabled mobile banking app is required to make payments through this platform.
  • Bharat Interface for Money or BHIM is a UPI-based payment interface that permits real-time fund transfers using a single identity like your mobile number or name.
  • NPCI is the operating organization responsible for all these payment solutions.
  • It works with Visa and Mastercard payment networks to ensure smooth operations of payment solutions such as Bharat QR and BHIM UPI.

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