How is QR Ph different from InstaPay QR?
QR Ph is the national QR code standard from the Bangko Sentral ng Pilipinas (BSP). It lets you pay merchants or receive money using one QR code.
It supports:
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P2M – Person to merchant payments
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P2P – Person to person transfers
InstaPay QR, on the other hand, is mainly used for P2P transfers between individuals.