What is the QR code and why it requires IBAN for its proper working
A QR code is a machine-readable barcode that can store payment information, simplifying transactions with just a quick scan. For international or bank-related payments, the IBAN (International Bank Account Number) is crucial because it ensures that funds are routed to the correct account. Including the IBAN in a QR code allows for seamless, error-free transfers, eliminating the need for manual entry of complex banking details.




