As much of Canada enters and progresses through Stage 2 of reopening, PayPal today launched QR code payments in Canada for small businesses to accept touch-free mobile payments from their customers using the PayPal app. From local stores to hair salons and farmers markets, this new functionality in the PayPal app allows customers to buy or sell in-person, safely and securely without needing to purchase any new equipment. To continue helping small businesses, PayPal is waiving the standard seller transaction fees incurred on sales conducted using a QR Code through September 30, 2020.
Canadian consumers are increasingly wary of using cash over fears that bills and coins could be contaminated. A recent study from Payments Canada found that 62 per cent of Canadians reported using less cash than they did pre-COVID-19. The survey also found that more than half (53%) of Canadians reported using card or mobile tap payment for in-store purchases more often than pre-pandemic.
Amid business reopenings, nearly half (42%) of Canadians who are shopping in-person are avoiding places that do not accept touch-free payments. PayPal’s QR code makes it simple, seamless and safe for businesses to accept touch-free payments.
Safely buying and selling touch-free—from local stores and hair salons to summer markets
As most of the country moves into and progresses through the second stage of the economy reopening, businesses are rapidly reviewing the guidelines to reopen. Local store owners, restaurateurs, hairstylists or farmers who have not yet figured out a touch-free payment method can create their individual QR code and hang it in their shop window or next to the cash register.
Using the QR code functionality in the PayPal app is a quick and safe way to complete a transaction and eliminate the need to handle cash. For example, those who are selling items in-person or at an outdoor summer market can print a QR code, place it on their table and have their customers simply scan the code, enter the amount they’re paying and send money immediately. This allows the seller to minimize physical interactions with the customer, while also limiting the customer’s interaction with checkout technology. There is no need to touch a point-of-sale terminal or punch in your PIN – all that’s needed is the PayPal app and a smartphone camera pointed at a QR code that is printed or present on another screen.
For a buyer looking to pay, customers can go to the PayPal app, click ‘Send’ and tap the QR code symbol in the top right-hand corner. The camera will open, and customers can scan a seller’s QR code and follow the prompts to complete the transaction. Sellers can create a PayPal-generated QR code by following the steps outlined here.
For more information visit: www.paypal.com/ca/webapps/mpp/qrcode
PayPal has rolled out this functionality 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, United Kingdom, and United States.
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This entry was posted on June 25, 2020 at 9:47 am and is filed under Commentary with tags Paypal. You can follow any responses to this entry through the RSS 2.0 feed.
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PayPal Canada Launches Touch-Free QR Code Payments
As much of Canada enters and progresses through Stage 2 of reopening, PayPal today launched QR code payments in Canada for small businesses to accept touch-free mobile payments from their customers using the PayPal app. From local stores to hair salons and farmers markets, this new functionality in the PayPal app allows customers to buy or sell in-person, safely and securely without needing to purchase any new equipment. To continue helping small businesses, PayPal is waiving the standard seller transaction fees incurred on sales conducted using a QR Code through September 30, 2020.
Canadian consumers are increasingly wary of using cash over fears that bills and coins could be contaminated. A recent study from Payments Canada found that 62 per cent of Canadians reported using less cash than they did pre-COVID-19. The survey also found that more than half (53%) of Canadians reported using card or mobile tap payment for in-store purchases more often than pre-pandemic.
Amid business reopenings, nearly half (42%) of Canadians who are shopping in-person are avoiding places that do not accept touch-free payments. PayPal’s QR code makes it simple, seamless and safe for businesses to accept touch-free payments.
Safely buying and selling touch-free—from local stores and hair salons to summer markets
As most of the country moves into and progresses through the second stage of the economy reopening, businesses are rapidly reviewing the guidelines to reopen. Local store owners, restaurateurs, hairstylists or farmers who have not yet figured out a touch-free payment method can create their individual QR code and hang it in their shop window or next to the cash register.
Using the QR code functionality in the PayPal app is a quick and safe way to complete a transaction and eliminate the need to handle cash. For example, those who are selling items in-person or at an outdoor summer market can print a QR code, place it on their table and have their customers simply scan the code, enter the amount they’re paying and send money immediately. This allows the seller to minimize physical interactions with the customer, while also limiting the customer’s interaction with checkout technology. There is no need to touch a point-of-sale terminal or punch in your PIN – all that’s needed is the PayPal app and a smartphone camera pointed at a QR code that is printed or present on another screen.
For a buyer looking to pay, customers can go to the PayPal app, click ‘Send’ and tap the QR code symbol in the top right-hand corner. The camera will open, and customers can scan a seller’s QR code and follow the prompts to complete the transaction. Sellers can create a PayPal-generated QR code by following the steps outlined here.
For more information visit: www.paypal.com/ca/webapps/mpp/qrcode
PayPal has rolled out this functionality 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, United Kingdom, and United States.
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This entry was posted on June 25, 2020 at 9:47 am and is filed under Commentary with tags Paypal. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.