PayPal contactless QR code payments feature allows in-person touchless transactions

Contactless QR code payments - PayPal app

A new in-app feature makes it possible for quick response barcodes to facilitate purchases. PayPal is rolling out contactless QR code payments that use barcode scans to complete transactions for easy buying and selling. This will allow transactions to be completed in person but without making physical contact. The contactless QR code payments will be rolling out in the official PayPal app for safe and secure in-person transactions. It is rolling out in 28 markets around the world. Moreover, for a limited time, PayPal is waiving the transaction fees typically…

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New universal QR code unveiled by HPS and GhIPSS

Universal QR code - Making payment with mobile

The global payment solutions provider has partnered with Ghana Interbank Payment Settlement Systems. HPS, a global payment solutions provider, has launched a new universal QR code payment solution in partnership with Ghana Interbank Payment and Settlement Systems (GhIPSS), a Bank of Ghana Subsidiary. The quick response barcode solution is meant to help consumers make fast and convenient transactions. The launch included the Universal QR code and Proxy Pay platforms in a move the country is taking to reach a state of cashless society. It is was created to allow shoppers…

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AARP issues raised mobile payment fraud risk warning

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The organization is cautioning consumers to take care when using apps to send money. AARP has issued a warning cautioning consumers about an increase in mobile payment fraud risk. It has warned individuals to take care when using peer-to-peer (P2P) payment apps which are rapidly rising in popularity during the pandemic. The apps can be safely used but can also present notable security risks and challenges recovering money. The concern is that not all of these apps are as secure as they should be. Moreover, even when opting for some…

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Over half of Americans who have tried contactless payment will use it again

Contactless payment - mobile payments

New Amex research shows 58 percent of people who tried this type of transaction are more likely to use it. Americans who have tried contactless payment because of the COVID-19 pandemic are more likely to use it again, said results from a new Amex survey. Online and mobile ordering for delivery and pickup options are also more appealing to consumers. Contactless payment and online and mobile delivery and pickup options are becoming increasingly popular options. Moreover, consumers who tried them for the first time due to the coronavirus pandemic are…

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Mobile shopping payment trends are shifting due to pandemic trends

Mobile shopping payment - paying via smartphone

A new Paysafe study showed that consumers are changing the way they want to pay online. The results of a new Paysafe report show that over half of consumers in the United States are shopping online due to the pandemic and mobile shopping payment preferences are shifting. Shoppers can’t access brick-and-mortar retail stores because of social and distancing regulations. Without being able to shop in-person, many consumers are looking online to a far greater extent than they had before. In fact, 54 percent of American shoppers are turning to online…

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