GERMANY. Munich Airport retail subsidiary Eurotrade has introduced the PayPal QR Code – a mobile and cash free payment system – across all of its 41 stores. The company said that Munich is the first airport in Europe to use the technology solution.
Customers can shop without using cash or card readers with the touch-free PayPal QR Code along with their smartphones.
“Again we were pioneers in the introduction of innovations such as payment systems,” said Eurotrade Managing Director Sven Zahn. “The option of contact-free payment via a QR code means further growth in service quality and security for Munich Airport, especially in times like these.”
Munich Airport Head of Commercial Activities Rainer Beeck added: “Our commitment as a 5-Star Airport is reflected in travel retail as well.”
“The pandemic accelerated the demand for touch-free payment options,” noted Jörg Kablitz, Managing Director for PayPal Germany, Austria, and Switzerland. “With our new integrated QR code solution, we are offering an ideal answer to this demand, especially for large enterprises and retail chains. We are pleased to advance this new solution with Munich Airport.”
The new QR code will be integrated into existing check-out systems including accounting. To pay, customers open the QR code in the PayPal app on their smartphone and show it to the cashier. The cashier scans the code and the amount to be paid is shown directly in the app. Shoppers then select their preferred payment method stored in their PayPal account – bank account or credit card – and confirm payment on their smartphone.
Alternatively, the QR code can also be displayed on a card reader, and the customers scan it with their smartphone in the PayPal app. For each option, the payment process is touch-free, with no PIN code to be entered nor a signature required. Travellers with a German, UK or US PayPal account can pay using the new solution. The extension of the service to PayPal users with other accounts will follow soon.
Original source - The Moodie Davitt Report