Payrexx vs PostFinance
Two Swiss payment providers in direct comparison – who offers more?
PostFinance is a well-known Swiss financial institution and has also offered its own payment solution for online shops for several years. Payrexx is also a Swiss company that specialises in SMEs as a payment facilitator. Both providers cover the Swiss market very well – but in the details, important differences emerge in costs, e-commerce tools and setup.
Monthly total costs of Payrexx and PostFinance at a turnover of CHF 20,000
Monthly total costs of Payrexx and PostFinance at a revenue of CHF 100,000
What are the advantages and disadvantages of Payrexx and PostFinance?
Payrexx scores points with lower total costs without setup fees, integrated e-commerce tools, the broadest payment method coverage including Samsung Pay, Centi and Pay by Bank, as well as a better Google rating. Weaknesses are its moderate awareness and its e-commerce focus.
PostFinance benefits from high awareness in Switzerland, a broad payment method offering and personal support, but charges setup costs of up to 249 CHF, offers no e-commerce tools and, with 2.2 stars, has a significantly lower Google rating.
Comparison table of advantages and disadvantages: Payrexx vs PostFinance
Payrexx
Advantages
Numerous payment methods (including TWINT and PostFinance Pay)
Free plugins
Integrated e-commerce tools
Low transaction fees
Free trial available
Swiss businesses
Personal support
Support for in-person payments (POS, Tap to Pay & QR Pay)
Disadvantages
Moderate awareness
Focus on e-commerce in Switzerland and Europe
Moderate Google rating
PostFinance
Advantages
Numerous payment methods (including TWINT and PostFinance Pay)
Free plugins
Low transaction fees
Free trial available
Swiss company
High awareness in Switzerland
Personal support
Disadvantages
Samsung Pay not supported
No e-commerce tools
High setup costs (one-time)
Low Google rating
Which payment methods do Payrexx and PostFinance offer?
Both providers cover the most important Swiss payment methods: credit cards, TWINT, PostFinance Pay, Apple Pay, Google Pay, WIR Pay and purchase on invoice. Payrexx additionally offers Samsung Pay, Centi and, as the only Swiss provider, Pay by Bank (Instant Payment). PostFinance does not support Samsung Pay and Centi. Overall, the two providers are very similar in terms of payment methods, with Payrexx ahead with three additional methods.
Comparison table of payment methods: Payrexx vs PostFinance
Payrexx
PostFinance
Mastercard
Yes
Yes
Visa
Yes
Yes
Postfinance Pay
Yes
Yes
Twint
Yes
Yes
American Express
Yes
Yes
Entdecken
Yes
Yes
PayPal
Yes
Yes
ApplePay
Yes
Yes
GooglePay
Yes
Yes
SamsungPay
Yes
No
WIRpay
Yes
Yes
REKA
Yes
Yes
CENTI
Yes
No
Crypto
Yes
Yes
Purchase on account
Yes
Yes
Bezahl mit Bank
Yes
No
How do the plugins and tools of Payrexx and PostFinance differ?
Both offer free plugins for Shopify, WooCommerce, Shopware, JTL, Ecwid, Drupal, Magento and Prestashop. The biggest difference lies in the e-commerce tools: Payrexx offers payment links, QR Pay, a mini web shop and other tools with which merchants can accept payments even without their own online shop. PostFinance offers no such tools and no QR Pay feature either. For merchants who want to use flexible sales channels, Payrexx is therefore more versatile.
Comparison table of plugins and integrations: Payrexx vs PostFinance
Payrexx
PostFinance
Yes
No
Yes
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Which provider offers better support – Payrexx or PostFinance?
Both providers offer personal support in Switzerland. As a specialised payment provider, Payrexx focuses on SME support and direct contacts. PostFinance also offers support, although the Google ratings show a clear difference: Payrexx reaches 3.9 out of 5 stars with 155 reviews, while PostFinance has only 2.2 out of 5 stars with 178 reviews.
Who is Payrexx suitable for and who is PostFinance suitable for?
Payrexx is particularly suitable for SMEs that want to use, in addition to pure online payments, e-commerce tools such as payment links, QR Pay and a mini webshop – and all this without setup costs. PostFinance can be interesting for companies that already have a PostFinance business account and value the direct connection to the PostFinance ecosystem. In terms of price and functionality, however, Payrexx has the edge.
How much effort does the setup with Payrexx and PostFinance require?
At Payrexx, setup is free and quick: sign-up, verification (for sign-up by 4 p.m. on the same day) and immediate use. All payment methods are available under a single contract. PostFinance charges one-time setup fees of 199 CHF (Checkout All-in-One) up to 249 CHF (Checkout Flex) and requires a business account with PostFinance or a credit card for fee billing. Both providers offer a 30-day trial period.
How much does Payrexx cost compared to PostFinance?
The total costs are very similar for both providers: With monthly revenue of 20'000 CHF, merchants pay 355 CHF at Payrexx and 365.90 CHF at PostFinance (E-Com Bundle). Payrexx is therefore around 11 CHF cheaper per month. With 100'000 CHF in revenue, Payrexx at 1'579 CHF is also ahead of PostFinance (1'749.90 CHF) – a saving of 170.90 CHF per month. One key difference: PostFinance charges one-time setup costs of 199 to 249 CHF, while setup with Payrexx is free.
Cost comparison table: Payrexx vs PostFinance
Provider
Subscription
Setup costs
Monthly costs
Transaction fees
Payrexx
Gratis
CHF 0.00
CHF 0.00
2.50%
+
CHF 0.30
Payrexx
Standard
CHF 0.00
CHF 19.00
1.65%
+
CHF 0.18
Payrexx
Premium
CHF 49.00
1.35%
+
CHF 0.18
PostFinance
Checkout All-in-One
CHF 199.00
CHF 14.90
2.50%
+
CHF 0.00
PostFinance
E-Com Bundle
CHF 0.00
CHF 19.90
1.55%
+
CHF 0.18
PostFinance
Checkout Flex
CHF 249.00
CHF 19.90
1.55%
+
CHF 0.18
Additional remarks
Payrexx
Payrexx is especially easy to set up as a Payment Facilitator – no programming knowledge is required. For verification, a valid photo ID and, where applicable, a trade register number are required. If you register by 4 pm, the review takes place on the same day. Start-ups receive a 30% discount, and non-profit organisations benefit from a 50% reduction on transaction fees.
PostFinance
For the use of PostFinance Checkout, a PostFinance business account or a credit card for fee billing is required. In addition, one-time setup costs of 199 CHF (Checkout All-in-One) to 249 CHF (Checkout Flex) apply. A free simulation mode allows merchants to test the integration in advance.
Conclusion: Payrexx or PostFinance – which Swiss provider convinces?
Both providers offer personal support in Switzerland. As a specialised payment provider, Payrexx focuses on SME support and direct contacts. PostFinance also offers support, although the Google ratings show a clear difference: Payrexx reaches 3.9 out of 5 stars with 155 reviews, while PostFinance has only 2.2 out of 5 stars with 178 reviews.
