Current Affairs

NDMC launches QR-enabled fridge magnets for digital payment of bills

New Delhi Municipal Corporation (NDMC) has launched quick response (QR)-enabled fridge magnets for digital payment of bills.
NDMC launches QR-enabled fridge magnets for digital payment of bills
  • The magnets are personalised and each customer will have a unique QR Code mapped to their consumer account number.
  • It is powered by SignCatch – an IT and services company.

About QR-enabled fridge magnets:

  • There will be separate magnets provided by the NDMC to its consumers' doorstep for both electricity and water bills.
  • Consumers can stick these magnets on their refrigerators at home and use their smartphones to scan QR Code on magnet to pay their bills instantly.
  • The QR Code will redirect consumers to their current bill with option to pay using any of digital payment channels active with NDMC like credit/debit cards, net banking, wallet, and UPI.
  • The move will reduce collection costs and expedite revenue realisation.
  • Moreover, these magnets will be extremely useful in cases where a consumer misplaces the pending paper bills.

About Quick Response (QR) Code:

  • It is a two-dimensional (matrix) machine-readable bar code made up of black and white square.
  • This code can be read by the camera of a smartphone.
  • It is used for storing URLs or other information that link directly to text, emails, websites and phone numbers.
  • It is capable of 360 degrees (omni-directional), high speed reading.
  • It can store up to 7089 digits as compared to conventional bar codes which can store max 20 digits.
  • It encodes same amount of data in one-tenth the space of a traditional bar code.
  • It carries information both horizontally and vertically.
  • It has an error correction capability and data stored in it can be restored even if it is partially damaged or dirty.

Question:

Q. Who has launched quick response (QR)-enabled fridge magnets for digital payment of bills?
a. NITI AAYOG
b. New Delhi Municipal Corporation (NDMC)
c. Delhi Jal Board (DJB)
d. None of the above
NDMC launches QR-enabled fridge magnets for digital payment of bills NDMC launches QR-enabled fridge magnets for digital payment of bills Reviewed by Inderjeet Virdi on November 07, 2018 Rating: 5

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