Enhancing support for SME businesses, PayPal has launched QR code payments on iZettle’s point of sale app.
A myriad of smaller businesses across the UK will benefit from safe and secure touch-free payments from customers, a tech which takes on elevated importance as we navigate beyond the pandemic.
The expansion marks the first time UK merchants can accept PayPal QR Code payments in-store via a point of sale solution.
Anissa Damoussi, founder of independent retailer So Marrakech in Manchester, said: “We are extremely happy to have re-opened our Concept Store again last week following November’s lockdown and I’m looking forward to offering customers a safe and secure checkout with PayPal QR Codes within the iZettle POS.
“We believe the more we can offer in terms of touch-free retail, the better. Here’s to a wonderfully busy Christmas for all independent high street retailers.”
As well as this, throughout the pandemic, to encourage engagement in the tech and further boost SME support, PayPal QR Code transactions will be available for iZettle merchants at a reduced transaction rate of 1% from now until May 31st 2021.
“Small businesses need access to commerce tools that help them sell securely and meet their customers wherever they are – in-store, online and in-between.” commented Jacob de Geer, Vice President of Small Business Products and iZettle, PayPal, comments.
“By bringing together our best-in-class point of sale product with our new touch-free payment method we can help small businesses offer an innovative in-store payment experience while navigating this new normal.”
Recent research showed the closure of non-essential retail stores earlier this year meant the high street missed out on £1.6bn of lost sales each week with the British Retail Consortium predicting the second lockdown would also have a significant impact on small businesses, especially when it comes to festive shopping.
The roll-out of PayPal QR Codes within iZettle builds on the launch of PayPal QR Codes in the PayPal app that was announced in May 2020.
