The transition from PostFinance PSP to Checkout Flex

In the constantly changing digital world, companies' offerings are also adapting to the latest technology trends. As part of these dynamic developments, PostFinance has decided to phase out the PSP products Basic, Startup and Professional by the end of the year. However, this does not mark the end, but rather the beginning of a new era of payment processing: PostFinance Checkout Flex.

Changeover - Checkout Flex will replace the current PSP services as of December 31, 2023.

Message from PostFinance

PostFinance recently wrote to all its customers to inform them comprehensively about the upcoming transition. This was a clear signal to customers that they can count on the company's reliability and transparency even in times of change. This proactive communication approach has certainly helped to further strengthen customer trust and loyalty.

Thank you for using PostFinance Basic, Startup or Professional in your online store. As we have already informed you, the existing solution will be discontinued as of December 31, 2023 and replaced by the Checkout Flex payment solution. Further information on the discontinuation of the existing solution can be found in the enclosed letter of termination.

The new complete payment service providing solution from PostFinance offers you maximum flexibility in the integration of payment methods and the choice of acceptance partners. With the user-friendly checkout back office tool, you can also easily manage all settings and online sales in the e-payment module.

For a seamless transition from the existing PSP product to Checkout Flex with the e-payment module, we recommend that you configure the new solution immediately. If you have set up your online store via a web agency, please involve your contact person in good time.

You will find a summary of the most important steps for upgrading to Checkout Flex in this booklet. This guide is intended to help you set up the Checkout back office and configure the most important payment methods: credit card, PostFinance payment methods and TWINT.

- PostFinance message

PostFinance is discontinuing its previous PSP products (Basic, Startup, Professional) by December 31, 2023 and is introducing the more flexible and user-friendly "Checkout Flex" solution instead. This new solution enables easy management of settings and online sales through the Checkout Backoffice tool. For a smooth transition, it is advisable to configure Checkout Flex as soon as possible and, if applicable, to involve your web agency at an early stage.

Interesting facts on the topic

• PostFinance is one of the leading payment service providers in Switzerland and has a long history in the financial world.

• Checkout Flex was developed to meet the growing needs of the e-commerce market.

• Switzerland has one of the highest e-commerce penetration rates in Europe.

• With Checkout Flex, customers can pay in their preferred currency.

• The system also offers recurring payments, which makes it ideal for subscriptions.

• The transition from traditional payment methods to digital solutions has changed the business world in Switzerland.

• By integrating PostFinance and other payment methods such as TWINT and bank transfer, Payrexx has doubled its customer base in a short space of time.

A simple switch from PostFinance to Payrexx

An alternative to the new Checkout Flex solution is to switch to the all-in-one payment solution from Payrexx. One of the main reasons why many companies consider switching to Payrexx is the simplicity of the process. Clear instructions and a dedicated customer support team ensure a smooth transition.

Integration is completed quickly and you can start using the system on the same day. The onboarding process is short and precise, so no valuable time is lost. Another decisive advantage is the cost efficiency: There are no setup fees. This makes the switch to Payrexx not only simple, but also economically attractive. With Payrexx, companies can rely on a solution that is convincing in terms of both user-friendliness and cost-effectiveness.

The ideal checkout product for retailers

For those considering making the switch, Payrexx's Checkout product is just the thing. It was developed specifically for merchants who are looking for a reliable, efficient and user-friendly payment solution. Two options are particularly noteworthy:

Dealer API

This interface allows you to connect your business system directly to the payment service in a customized way. This means that you have full control over the payment process and can design it exactly according to your ideas and requirements. It is ideal for those who are looking for an individual solution and value maximum customizability.

Store plugins

For those who use common e-commerce platforms, integration via store plugins offers a quick and easy way to incorporate the payment service into their online store. It requires minimal technical effort and makes it possible to accept payments in no time at all.

The online payment market is evolving rapidly, and in the midst of this change, it is vital that you stay up to date. With these integration options, whether through the merchant API or the practical store plugins, you are ideally positioned to succeed in the world of digital commerce.

Would you like to see Payrexx for yourself? Sign up and test all functions free of charge for 30 days.