But if you’re among those who haven’t found a compelling reason to go out of your way to try it yet, you might not have to — because CBDC will soon be interoperable with UPI QR codes.

Mumbai: Customers will be able to use QR codes of Unified Payment Interface (UPI) network for transactions using digital currency by end of this month, said Reserve Bank of India’s deputy ...

Yet, the adoption of retail CBDC ... QR scanning mechanism, just like UPI, though the QR for e-Re and UPI are different. Through inter-operability, the intention is to converge the QRs. The same ...

Mumbai, Jun 8 (PTI) The Reserve Bank is planning to make the central bank digital currency (CBDC) QR codes interoperable with popular Unified Payment Interface (UPI), Deputy Governor T Rabi Sankar ...

Mumbai: HDFC Bank has introduced a QR code that can be used for both central bank digital currency (CBDC) and UPI payments. The bank has issued 1 lakh digital rupee wallets to customers and ...

The Reserve Bank of India's Central Bank Digital Currency (CBDC) initiative has finally touched the five million user mark, almost two years since its pilot launch. The apex banking body also ...

Customers can now use their digital currency available in their digital rupee [CBDC-R] wallet and scan to pay across any UPI QR code. Similarly, merchants need to only display their existing ...

HDFC Bank on Thursday launched UPI QR code interoperable with the Central Bank Digital Currency (CBDC). The interoperable UPI QR code will allow HDFC Bank merchants, who have been onboarded on ...