Payrexx launches POS terminals for in-person payments, thereby complementing its online payment solution. The new devices are ideal for small shops and mobile providers who want to accept payments directly on site without using a complex cash register system. Whether it’s a pop-up store in Zurich, a stall at the weekly market, or a hair salon without a cash register system – with the Payrexx terminals, card payments can be accepted anywhere.

«Payrexx is specifically aimed at SMEs: The new terminals are ready for immediate use, integrate seamlessly into the Payrexx all-in-one solution and are supported by our first-level support from Switzerland», explains Ivan Schmid, Managing Director of Payrexx. «Merchants benefit from transparent conditions as well as low transaction fees. This gives SMEs a simple, reliable and cost-efficient solution from a single source.»

In the initial phase, merchants benefit from an exclusive introductory price: Instead of CHF 25 per month, they pay only CHF 9 for the rental of their device in the first year. The transaction fees are 0.95 % + 0.15 CHF for debit card payments, 1.25 % + 0.15 CHF for credit card payments and 1.25 % for TWINT payments.

What exactly can Payrexx’s POS terminal do?

Payrexx offers a total of three different POS terminals:

• The Payrexx Nexgo N5 is a colourful all-rounder with an integrated receipt printer, handy design and long battery life for daily use.

• The Payrexx Nexgo N6 is a smaller, more compact terminal in a smartphone look. Due to its size, it is perfect for mobile and flexible use, as long as you are not dependent on printed receipts.

• The Payrexx Nexgo N86 is the most modern of the three terminals and somewhat larger and more robust than the N5. It also has an integrated receipt printer and particularly powerful software.

All three terminals have integrated SIM cards for mobile network connectivity. Merchants are therefore not dependent on Wi-Fi to use the device. The terminals are set up by Payrexx and delivered ready for operation. After switching on, the device is immediately ready for use and accepts debit cards, credit cards, mobile wallets and even cryptocurrencies.

Merchants do not need any additional software or a connection to a cash register system. This makes the terminal particularly practical for anyone who wants to process payments easily and securely.

What does Payrexx want to achieve with the new product?

For Payrexx, this step is another milestone on the way from a pure e-commerce provider to an omnichannel player. While the company from Thun has so far focused mainly on online merchants, Payrexx now also wants to offer modern solutions for brick-and-mortar retail.

Many merchants already use Tap to Pay and QR Pay from Payrexx. Both solutions are ideal for businesses that only occasionally accept in-person payments and do not need fixed terminals. Tap to Pay is especially suitable for seasonal businesses or irregular use, while QR Pay is ideal for self-service stands, vending machines or merchants who want to offer more than the common payment methods. With the new POS devices, Payrexx now also offers a solution for merchants who want to regularly accept card payments on site.

The vision is clear: All people should be able to do business – whether online or offline and regardless of their experience or financial means. That is why Payrexx is specifically committed to smaller companies and develops solutions specifically for them. Having started as a startup in Thun, Payrexx knows the challenges of SMEs exactly and therefore offers young companies as well as non-profit organisations special discounts.