Dynamic QR Code definition

Dynamic QR Code means a QR being generated for each Transaction by the Client containing merchant specific data such as merchant identifier and other mandatory and optional fields for the QR in accordance with the Merchant QR code specifications issued by NPCI for the Customer to scan the QR and make the payment. The amount does not need to be entered by the Customer.
Dynamic QR Code refers to a unique and changeable code generated by Merchant which have the merchant’s identifier and purchase amount embedded within the code necessary for payment to be successful. Dynamic QR code can only be scanned once. Cardholder does not need to enter the amount when making QR payments using Dynamic QR code. "Service(s)" refers to any or all service(s) associated with CIMB Pay including, but not limited to access to CIMB Bank / CIMB Islamic Bank Card related information, In-store Payments, Online Payments, QR Payments, Deals and Messenger and any other new service(s) as may be offered by CIMB Bank from time to time. “Supported Terminal(s)” refer to terminals that support acceptance of contactless Mastercard Contactless and Visa PayWave.
Dynamic QR Code means a QR Code that is generated on-demand and usually has an expiry. Dynamic QR generally requires the Merchant or Recipient to key-in the amount of the payment or credit transfer. Dynamic QR Code can only be scanned once. allianceonline mobile banking Subscribers ARE NOT required to enter the amount when making DuitNow QR Payments using Dynamic QR Code.

Examples of Dynamic QR Code in a sentence

  • This Agreement shall be governed by and construed in accordance with the laws of England and Wales without regard to its conflict of laws provisions.

  • Compliance with the Dynamic QR Code requirements in certain cases: If the supplier has issued invoice having Dynamic QR Code for payment, the said invoice shall be deemed to have complied with Dynamic QR Code requirements.

  • G.S.R.602(E) published in Gazette of India dated 30th September, 2020, together with an explanatory memorandum seeking to amend notification 14/2020- Central Tax to extend the date of implementation of the Dynamic QR Code for B2C invoices till 01.12.2020.

  • The Client shall generate the Dynamic QR Code at its the store or shop (in the form of a physical decal provided by the Bank to the Client or capability provided by the Bank to the Client to generate the physical decal for installation) and/or for the Merchant QR Code to be dynamically generated on the Merchant Application which is valid for a single Transaction.

  • Parameters/ details are required to be captured in the Dynamic QR Code: Dynamic QR Code, inter-alia, shall contain the following information: -• Supplier GSTIN number• Supplier UPI ID• Payee’s Bank A/c number and IFSC• Invoice number & invoice date,• Total Invoice value and• GST amount along with breakup i.e. CGST, SGST, IGST, CESS, etc.Further, Dynamic QR Code should be such that it can be scanned to make a digital payment.IV.

  • Therefore, any invoice, issued to such person having a UIN, shall be considered as invoice issued for a B2C supply and shall be required to comply with the requirement of Dynamic QR Code.

  • The Customer scans the Dynamic QR Code from the Customer Application by clicking on the “Scan and Pay” or any similar option so provided by way of scan via the Merchant Application at its store or shop.

  • In cases other than pre-paid supply i.e. where payment is made after generation / issuance of invoice, the supplier shall provide Dynamic QR Code on the invoice.

  • Using any mode like UPI, credit/ debit cardor online banking or cash or combination of various modes of payment, with or without invoice, be considered as compliance of Dynamic QR Code on the invoice?using Dynamic QR Code, and the supplier provides a cross reference of the payment (transaction id along with date, time and amount of payment, mode of payment like UPI, Credit card, Debit card, online banking etc.) on the invoice ; orii.

  • Because it is possible to edit dynamic QR codes even after they have already been printed, this will offer BHA and food suppliers the flexibility to change the encoded content, website data, and even the function of a Dynamic QR Code at any time.


More Definitions of Dynamic QR Code

Dynamic QR Code refers to a unique and changeable code generated by Merchant which have the merchant’s identifier and purchase amount embedded within the code necessary for payment to be successful. Dynamic QR code can only be scanned once. Cardholder does not need to enter the amount when making QR payments using Dynamic QR code.
Dynamic QR Code means a QR code that is linked to specific purchases;
Dynamic QR Code. A unique and changeable code that can be produced by either the Merchant or the Cardholder/E-Wallet User which has the Merchant’s or the Cardholder’s/E-Wallet User’s account details and transaction information embedded within the code. The Dynamic QR Code can only be scanned once. The Cardholder/E-Wallet User does not need to enter the amount when making payment using the Dynamic QR Code.
Dynamic QR Code means Quick Response code where by its encoded information is modifiable.

Related to Dynamic QR Code

  • QR Code means a matrix barcode that links to information about a battery model;

  • Polar Code means the International Code for ships operating in polar waters, consisting of an introduction, part I-A and part II-A and parts I-B and II-B, as adopted by resolutions MSC.385(94) and MEPC.264(68), as may be amended, provided that:.1 amendments to the environment-related provisions of the introduction and chapter 4 of part II-A of the Polar Code are adopted, brought into force and take effect in accordance with the provisions of article 16 of the present Convention concerning the amendment procedures applicable to an appendix to an annex; and.2 amendments to part II-B of the Polar Code are adopted by the Marine Environment Protection Committee in accordance with its Rules of Procedure.

  • IMDG Code means the International Maritime Dangerous Goods Code, for the implementation of Chapter VII, Part A, of the International Convention for the Safety of Life at Sea, 1974 (SOLAS Convention), published by the International Maritime Organization (IMO), London;

  • STCW Code means the Seafarers’ Training, Certification and Watchkeeping Code as adopted by resolution 2 of the 1995 Conference of Parties to the STCW Convention, in its up-to-date version;

  • IBC Code means the 1998 Edition of the International Code for the Construction and Equipment of Ships Carrying Dangerous Chemicals in Bulk published by the International Maritime Organization;

  • JORC Code means the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia, as amended;

  • Erasmus Code A unique identifier that every higher education institution that has been awarded with the Erasmus Charter for Higher Education receives. It is only applicable to higher education institutions located in Programme Countries. 5 Country code: ISO 3166-2 country codes available at: xxxxx://xxx.xxx.xxx/obp/ui/#search. 6 Any Programme Country enterprise or, more generally, any public or private organisation active in the labour market or in the fields of education, training and youth (training of staff members from Programme Country HEIs in Partner Country non-academic partners is not eligible).

  • Uniform Network Code means the uniform network code as defined in Standard Special Condition A11(6) of National Grid’s transporters licence, as such code may be amended from time to time in accordance with the terms thereof.

  • Network Code means the document now known as the Network Code and formerly known as the Railtrack Track Access Conditions 1995;

  • SIC code means “Standard Industrial Classification code,” as assigned to a site by the United States Department of Transportation, Federal Highway Administration, based on the particular activities that occur on the site, as set forth in its publication “Standard Industrial Classification Manual,” incorporated by reference in Section 720.111(a).

  • Toll Center Code means the three digit access tandem code (“ATC”) that uniquely identifies a tandem switch in the Local Exchange Routing Guide (LERG) designated as providing access to operator services functions.

  • Mass Privacy Act is defined in Section 9.2 hereof.

  • Sort code means the 6-digit code that identifies a particular bank and bank branch in the Republic of Ireland;

  • POPI Act means the Protection of Personal Information Act, Act 4 of 2013;

  • Access Code means the Railways (Access) Code 2000;

  • Women-owned small business concern means a small business concern-

  • Grid Code / “IEGC” or “State Grid Code” shall mean the Grid Code specified by the Central Commission under clause (h) of sub-section (1) of Section 79 of the Electricity Act and/or the State Grid Code as specified by the concerned State Commission referred under clause (h) of sub-section (1) of Section 86 of the Electricity Act, as applicable;

  • Code means the Internal Revenue Code of 1986, as amended.

  • MCIP Act means Title 4, Chapter 1, of the Code, and all future acts successor or supplemental thereto or amendatory thereof.

  • Veteran-owned small business concern means a small business concern—

  • FMC Act means the Financial Markets Conduct Act 2013.

  • ACNC Act means the Australian Charities and Not-for-profits Commission Act 2012 (Cth).

  • HITECH Act means the Health Information Technology for Economic and Clinical Health Act, TitleXIII, Subtitle D, Part 1 & 2 of the American Recovery and Reinvestment Act of 2009.

  • Privacy Act means the Privacy Act 1988 (Cth).

  • FOI Act means the Freedom of Information Xxx 0000 and any subordinate legislation made under this Act from time to time together with any guidance and/or codes of practice issued by the Information Commissioner in relation to such legislation;

  • Disabling Code means any virus, back door, timer or other limiting routine, instruction or design, or other malicious, illicit or similar unrequested code that may have the consequence (whether by design or unintentionally) of disrupting, disabling, harming, circumventing security controls or otherwise impeding in any manner the normal operation or performance of (i) any software or service or (ii) any UNICEF information system or network.