A couple of decades ago, Japan was in a period of high economic growth. Consequently, the cashiers had to manually enter the price of products leading to numbness in their wrists. Looking at the scenario, a Japanese engineer, Masahiro Hara, invented a QR code while working at Denso Wave Corporation. The invention of these QR codes provided a quick solution to this problem.
Today, QR codes are used by merchants all over the world. It is an effective tool to optimize payment methods, enhance product packaging, and much more. Now, let’s start this article with learning what are QR codes and then move forward to learning how are QR codes generated.
What is a QR Code?
A Quick Response Code, popularly known as a QR code, is a two-dimensional barcode that encodes alphanumeric information. Users can simply use a QR code scanning application on their smartphones to make payments. With the growing usage of QR codes, many smartphone companies like iPhone, Samsung, Xiaomi, etc., have an in-built QR code scanning feature in their camera.
Did you know? A QR code can store up to 7089 digits or 4295 characters. However, it is important to remember that the more data you add to your QR code, the more complex it will be in size and structure.
Types of QR Codes
1. Static QR Code
Static QR codes are the kind of QR codes that are free as well as permanent. However, these QR codes cannot be modified; hence you cannot change the data that has been stored in the QR code. It can be used for linking URLs, texts, email addresses, WIFI passwords, and social media links such as Twitter, Facebook, Instagram, etc.
The three primary features of static QR codes are:
- As mentioned above, it can only store a limited amount of data. However, if you try to enter more information while generating a static QR code, there are high chances that the quality of your QR code might get compromised.
- Static QR code is made for one-time use.
- It is free of cost.
Dynamic QR Code
Dynamic QR code’s content is modifiable and can store additional or changed data even after they have been printed. These QR codes allow access to the location of scans made and real-time scans monitoring.
The features of dynamic QR codes are as follows:
- They allow multi-URL directories and hence are known as multifunctional QR codes.
- You can edit them and create or remove URLs even if you have printed them.
- Scans made with dynamic QR codes are trackable so that merchants can see their QR analytics results.
How are QR Codes Generated?
Razorpay QR codes are QR-based solutions that let you accept digital payments from your customers with ease. You can create a QR code at the Razorpay Dashboard or the API and immediately share it with your customers. Further, your customers can scan the code and make the payment.
Let’s look at a few easy steps of how are QR codes generated.
Step 1: In case you do not have a Razorpay account, sign up on the Razorpay Dashboard.
Step 2: Further, click on “Create QR Codes” and provide the following details:
- Usage: You can construct your QR code to receive either single or multiple payments.
- Fixed or Changing Amount: You have the freedom to choose whether you want to accept fixed amounts from your customers or whether they can also be changed.
- Description: Adding a short description for your reference can also prove helpful as these details will appear in the QR image.
Other than this, you can add other things like your name, which will appear on the QR image, an internal note for internal reference, etc.
Step 3: Click “enter”, and your QR code is created.
Multiply Your Business with Multi-Feature Razorpay QR Codes
Razorpay gives you access to all kinds of payment modes, including debit card, credit card, net banking, UPI, and popular wallets like JioMoney, Airtel Money, PayZapp, Mobikwik, Ola Money, etc. By supercharging your business, Razorpay brings efficiency and effectiveness to your business. Fast forward your business with Razorpay.
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