UPI Transaction References and Payment Identification

A transaction reference helps identify a payment and can support reconciliation. In a multi-QR workflow, each QR can also be assigned a human-readable number such as QR Code No. 1. The combination of QR number, requested amount and transaction record makes it easier to connect a payment with the correct part of a bill.

Practical takeaway

Keep the payment amount, QR number and merchant-side transaction record together. QR Code Payment Splitter is designed to help organize this process; it does not automatically confirm whether money has reached the merchant account.