Banking Business Fintech News

Vistaprint and PayPal Bring QR Code Touch-free Payments to Small Businesses

Vistaprint and PayPal Bring QR Code Touch-free Payments to Small Businesses

Vistaprint, the marketing and design partner to small businesses, announced a collaboration with PayPal to bring innovative and safe touch-free payment solutions to small businesses across the country. Touch-free payments allow small business owners to process payments for goods and services without having to handle cash or credit cards, and avoiding physical contact with customers during the transaction. Through this collaboration, Vistaprint is enabling customers to leverage PayPal’s touch-free payment solution through a collection of customizable Vistaprint marketing products bearing their unique QR code.

Read More: Century Business Solutions Partners with CloudFirst Solutions to Deliver Credit Card Processing within SAP Business One

“PayPal has always been a small business champion and with our PayPal QR Code technology, this is another way we are helping these businesses transact in a safer manner.”

“From the onset of the pandemic it became clear that small businesses would face challenges unlike any in recent history. However, if we’ve learned anything from our small business partners it’s that their resilience is grounded in their ability to remain flexible in how they run their businesses to meet evolving consumer needs,” said Emily Whittaker, President of Vistaprint, North America. “This collaboration with PayPal is one way we are building solutions that help small businesses make the necessary pivots to not only keep their customers safe but also create new, streamlined avenues for success well beyond COVID-19.”

Read More: Fidelity’s eMoney Rolls Out Financial Planning and Wellness App

To more fully understand the pivots small businesses are making to remain open while helping to reduce the spread of COVID-19, Vistaprint conducted a survey of 500 small business owners in the retail and food service sectors. The addition of touch-free QR code payment options is among the top small business pivots reported. More than half of respondents (52%) say they added this feature in 2020 as a direct response to the pandemic and plan to keep it in place long term. Furthermore, 42% of the small business owners polled believed of all the pandemic pivots they have made, touch-free payment is among the most important to their customers.

The small business solution offered by Vistaprint and PayPal meets an increasing demand from small business owners for access to touch-free payment options and directly aligns with previous findings from a PayPal-commissioned PYMNTS report suggesting that consumers are also looking for more touch-free options.

“Small businesses have been impacted in an unprecedented way during the Covid-19 pandemic and they have sought new, innovative and perhaps most importantly touch-free ways to keep their physical doors open,” said Nitin Prahbu, Vice President of Consumer In-Store at PayPal. “PayPal has always been a small business champion and with our PayPal QR Code technology, this is another way we are helping these businesses transact in a safer manner.”

Read More: Options Appoints Former NYSE Euronext Executive as VP of Software Development

Related posts

Second Cohort of Startups to Join Northwestern Mutual Black Founder Accelerator

Fintech News Desk

Mambu to Power DigiBankASIA’s New Digital Bank UNO

Fintech News Desk

Clavis Fintech Says Blockchain Will Simplify and Secure International B2B Payments

GlobeNewswire
1