HomeBankingPayPal: Launched QR code payments in Canada

PayPal: Launched QR code payments in Canada

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PayPal: Launched QR code payments in Canada

  • Launched QR code payments in Canada for small businesses to accept touch-free mobile payments
  • This new functionality in the PayPal app allows customers to buy or sell in-person
  • To continue helping small businesses, PayPal is waiving the standard seller transaction fees
  • Canadian consumers are increasingly wary of using cash over fears that bills and coins could be contaminated
  • Using the QR code functionality in the PayPal app is a quick and safe way to complete a transaction
  • PayPal has rolled out this functionality to 28 markets around the globe
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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