alt Hacker NewsIts limited to about $1000 a day.
The QR is a URI with the ID, amount and maybe other stuff. It's a client-side implementation.
RuPay sure "works within the system" but is pretty much useless for international payments/subscriptions. Not really a VISA/MasterCard replacement.
So people scan a QR code, and then enter a secure banking pin? this sounds like a security problem waiting to happen...