diff --git a/docs/usage/general/repository-urls.rst.inc b/docs/usage/general/repository-urls.rst.inc
index 5cda0aaa26..238598bd59 100644
--- a/docs/usage/general/repository-urls.rst.inc
+++ b/docs/usage/general/repository-urls.rst.inc
@@ -32,9 +32,10 @@ For SSH and SFTP URLs, the ``user@`` and ``:port`` parts are optional.
 
 **Remote repositories** accessed via S3:
 
-``(s3|b2):[profile|(access_key_id:access_key_secret)@][schema://hostname[:port]]/bucket/path`` — see the boto3 docs for more details about credentials.
+``(s3|b2):[(profile|(access_key_id:access_key_secret))@][scheme://hostname[:port]]/bucket/path`` — see the boto3 docs for more details about credentials.
 
 If you are connecting to AWS S3, ``[schema://hostname[:port]]`` is optional, but ``bucket`` and ``path`` are always required.
+`scheme` is usually `https` here, hostname and optional port refer to your S3/B2 server, if that is not Amazon's.
 
 Note: There is a known issue with some S3-compatible services, e.g., Backblaze B2. If you encounter problems, try using ``b2:`` instead of ``s3:`` in the URL.
 
diff --git a/src/borg/helpers/parseformat.py b/src/borg/helpers/parseformat.py
index afb1b0cab7..c11717938d 100644
--- a/src/borg/helpers/parseformat.py
+++ b/src/borg/helpers/parseformat.py
@@ -471,7 +471,7 @@ class Location:
         re.VERBOSE,
     )
 
-    # (s3|b2):[profile|(access_key_id:access_key_secret)@][schema://hostname[:port]]/bucket/path
+    # (s3|b2):[(profile|(access_key_id:access_key_secret))@][scheme://hostname[:port]]/bucket/path
     s3_re = re.compile(
         r"""
         (?P<s3type>(s3|b2)):
@@ -481,7 +481,7 @@ class Location:
             (?P<access_key_id>[^:@]+):(?P<access_key_secret>[^@]+)  # access key and secret
         )@)?  # optional authentication
         (
-            [^:/]+://  # scheme
+            [^:/]+://  # scheme (often https)
             (?P<hostname>[^:/]+)
             (:(?P<port>\d+))?
         )?  # optional endpoint