Harnessing the Power of Contactless Payments for Your Retail Business

Harnessing the Power of Contactless Payments for Your Retail Business

The COVID-19 pandemic has majorly affected many industries and the retail industry is no exception. Retail businesses heavily rely on cash transactions and other payment methods that involve physical contact. Social distancing and other restrictions created big trouble for both consumers and retailers. Thanks to the latest technology of contactless payment that made it easier for retailers to offer a safe and advanced payment solution to their customers.  The trend of mobile payments is gaining popularity and has now become an important part of the retail industry. Businesses that are…

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PayPal wallet to allow users to withdraw cryptocurrency into third party apps

PayPal wallet - Bitcoin Symbol

The digital payment transaction company announced its intention to add the new crypto option. Last week, PayPal Holdings Inc announced that it intends to make it possible to withdraw cryptocurrency from the PayPal wallet into third party payment apps. The American online payments company first started allowing cryptocurrencies on its platform in October. Though it does accept cryptocurrencies onto its own PayPal wallet, the company does not currently allow its users to move the digital coins off its own platform. This news was announced at the CoinDesk Consensus 2021 conference.…

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Read This If You’re Thinking of Putting a QR Code on Your Site

Read This if You’re Thinking of Putting a QR Code on Your Site

The inventor of the QR code, a brilliant Japanese technical wizard called Masahiro Hara, is now jaded with his invention. This is something that happens all too often on the internet when an idea spreads around the globe and some malice, unintended by the inventor, starts to spread. It is what happened to Pepe the Frog, and Mr. Hara now feels it is happening with QR codes.  His main issue is that they are now being used for payments.  Why are QR Payments a Problem? Hara told Japanese Newspapers in…

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SafetyPay QR codes roll out in Brazil for realtime mobile payments

SafetyPay QR codes - person using mobile phone to pay

The popular alternative payments platform will use the barcodes across the Brazilian market. SafetyPay QR codes are rolling out across Brazil as the leading digital alternative payments platform announced that it was implementing a new mobile payment method. This leading platform in Latin America and Europe is starting with PIX in the Brazilian marketplace. The SafetyPay QR codes are a part of that PIX mobile payment method that Brazilians will be able to use to complete transactions in real time. Though this method, people across the country can use their…

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PayPal QR codes roll out at Munich Airport

PayPal QR codes - person watching plane in airport

The first European airport has now launched the quick response codes for mobile payments. Munich is now home to the first European airport to launch PayPal QR codes. These allow travelers and employees of the airport to use mobile payments at all the shops and Eurotrade retail subsidiaries. There are 41 shops in the retail section of the Munich Airport, all of which use the barcode. The types of retailer using mobile payments through PayPal QR codes include everything from news, fashion brands, jewelry and watches. All customers need to…

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