Through the partnership of Payrexx with Samsung, Payrexx users in Switzerland can seamlessly offer mobile payments via Samsung Pay. Samsung Pay is the mobile payment solution for Samsung Galaxy smartphones and the Galaxy Watch. The app offers worldwide, contactless payments in brick-and-mortar stores, as well as browser-based online and in-app payments in distance selling with the stored credit, prepaid, or debit card.

In recent years, there has been a noticeable increase in mobile payments. According to studies, smartphone payments are becoming increasingly common in both stationary and online retail and are expected to gain significant importance in the future. A survey on the preferred payment method for online purchases in Switzerland showed that 51% of respondents prefer mobile payment.

The first Payrexx merchants are already benefiting from the mobile payment solution

Among Payrexx users, the availability of Samsung Pay is met with great interest. The first 100 merchants have already activated the new payment method, including Parking Luzern.

The website of Parking Luzern offers various options around parking in the city of Lucerne. Not only can all available parking garages and their occupancies be viewed, but a comprehensive range of different parking variants is also offered. To facilitate online payments of the “Luzerner Parkkarte,” Parking Luzern relies on the payment solution from Payrexx, which offers the most common payment methods including Samsung Pay from a single source.

“Providing the most popular payment methods not only facilitates the completion of purchases but also makes them significantly more attractive.”

— Etienne Bucher, Director of Tiefgarage Bahnhofplatz AG, Lucerne.

Website and Checkout Parking Luzern

A partnership with great potential

Both Samsung Pay and Payrexx see great potential in this partnership.

Ivan Schmid, CEO and co-founder of Payrexx says:

“The success of our users is our top priority. Intelligent payment methods, which meet all requirements for user-friendliness, security, and speed, are essential for a successful purchase completion. We are pleased to be able to offer our merchants and their customers a completely first-class user experience through the cooperation with Samsung Pay.”

Dario Casari, Country Manager at Samsung Switzerland, is also pleased about the collaboration:

“We are excited to work with Payrexx to further increase the acceptance of our mobile payment solution in the online sector. With this step, we aim to further simplify secure, mobile, and contactless payments for our users.”

How to pay with Samsung Pay

For customers, usage is simple: select Samsung Pay at checkout, enter the email address of the Samsung account (only on desktop PCs or tablets), and authorize the payment on the smartphone. This is done securely via fingerprint or PIN; and the purchase is completed in seconds. For paying for online purchases with Samsung Pay, no further payment data is needed. With two-factor authentication, tokenization, and encrypted transmission, customer information remains protected. Besides tokenization, Samsung Pay also supports pre-authorization.

This is Payrexx

Payrexx was founded in Thun in 2015 and has specialized as a payment institution in handling digital payment methods. The Swiss company operates a self-developed payment platform as a registered payment facilitator of Mastercard and VISA. Over 40,000 clients process their payment transactions across Europe via the cloud-based platform. The range extends from regionally strong companies like BKW, Swiss Youth Hostels, and Swissmilk to large corporations like SBB, the Swiss Post, Swisscom, and ALDI Suisse.

The platform unites over 40 payment providers and more than 200 payment methods and currencies from around the world through a single interface. These include popular payment methods like Mastercard and VISA as well as Samsung Pay, PostFinance, and PayPal.

All Payrexx systems are designed redundantly, guarantee the highest level of reliability, and are certified according to the strictest PCI DSS Level-1 standards.

This is Samsung Electronics

Samsung Electronics Co., Ltd. inspires people and shapes the future with ideas and technologies that improve our lives. The company revolutionizes the world of televisions, smartphones, wearable devices, tablets, cameras, household appliances, medical devices, network systems, semiconductors, and LED solutions. Discover the latest news, background information, and press materials at www.samsung.com/ch and in the Samsung Newsroom at news.samsung.com/ch.