paypal featured image
News Technology

Cash-Free: PayPal Introduces QR Code Payments

Paypal, the digital payment giant has introduced a feature to its app which will allow users to scan code and complete a transaction.

The feature, which has gone live in the UK and other 27 countries, can help more people go cash-free and maintain social distancing during the coronavirus pandemic.

PayPal's new QR Code feature in its payment app
PayPal QR Code

Many businesses are encouraging customers to use contactless card payments in order to reduce both the handling of cash and unnecessary contact between people during the virus outbreak.

Using the new system, sellers will be able to print off a QR code or display or display it on another screen for customers with the PayPal app to scan.

According to PayPal Senior Director Lisa Scott, “COVID-19 has changed the shopping experience in the UK as we know it.”

“The need for security and convenience is there, as always, but we now need to be able to sell and buy in a way that is quick, safe and involves limited social contact.

“Digital payments, and this QR code functionality, provide people and small businesses in the UK with the means to pay and get paid during the crisis and hopefully thrive in the future.”

The company confirmed it was also waiving its standard seller transaction fee incurred on sales carried out using the QR code.

John Kunze, Senior Vice President of Branded Experience at PayPal said buying and selling goods while sticking to social distancing rules had been “front of mind for many people around the world” during the COVID-19 pandemic.

“As the coronavirus situation has evolved, we have seen a surge in demand for digital payments to transition to include new in-person environments and situations,” he said.

“The roll-out of QR codes for buyers and sellers not only incorporates the safety, security, and convenience of using PayPal in-person but also takes into consideration ongoing social distancing requirements, even as we start to see some restrictions be lifted around the world.”

ASEAN HR TECH VENTURE SUMMIT 2018
REGISTER NOW 33% DISCOUNT
SUMMIT PASS

Send this to a friend