PayPal has today announced that it is adding support for QR code-based payments in 28 markets globally. This is done so as to promote contactless payments, under the COVID-19 pandemic situations.
The options will be made available in PayPal’s mobile app and users could easily access the feature to send a payment.
Social Distancing is something that everyone should follow to curb the spread of the virus and contact-less payments help in doing so. If a customer is about to make a payment, then he/she will have to open the PayPal app and select new QR code option within the app. Then point the camera to the QR code and scan it to send the amount instantly. Shop owners could take a print out of the QR code and place it somewere or customers could even scan it directly from a screen as well.
Furthermore, to support sellers in this hard time, PayPal has also waived off standard fees when they accept payments using the QR code scanning method.
In an official blog post, John Kunze, Senior Vice President of Branded Experiences at PayPal said, “We know that in the current environment, buying and selling goods in a health-conscious, safe and secure way is front of mind for many people around the world. As the coronavirus pandemic has evolved, we have seen a surge in demand for digital payments to transition to include new and safe solutions for in-person environments and situations,” said John Kunze, Senior Vice President of Branded Experiences, PayPal. “Our rollout of QR codes for buyers and sellers incorporates the safety, security, and convenience of using PayPal in person and enables ongoing social distancing requirements and safety preferences for in-person commerce.“
Below given are the 28 regions where the new QR scanning method is made available:
- United Kingdom
- United States
- Hong Kong