PayPal launches QR code payments in 28 markets

PayPal is rolling out payment by QR codes in the UK and across 27 markets globally.

The payments system, which uses a consumer’s smartphone to scan the QR code before directing them to their PayPal account, is intended as a contact-free way for businesses to receive payment safely during the COVID-19 outbreak.

Once in their PayPal account’s digital wallet, the consumer will only need to enter the amount to pay, select the funding source and complete the payment.

QR codes also remove the need to handle cash, interact with in-person checkout technology and share personal data, such as bank details, to receive payment.

PayPal is waiving standard seller transaction fees incurred for sales conducted using a QR Code until 13 September.

John Kunze, senior vice president of branded experiences at PayPal, said: “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.

“The rollout 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.”

PayPal is rolling this functionality out to 28 markets around the globe including: Australia, Austria, Belgium, Canada, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Italy, Latvia, Luxembourg, Malta, Netherlands, Portugal, Slovenia, Slovakia, Sweden, Switzerland, Spain, the United Kingdom and United States.

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