Let your customers pay easily and quickly with all common Swiss payment methods, uncomplicated and secure from one source? No problem, thanks to the Thun-based start-up Payrexx. The payment provider has made it its mission to enable everyone to enter the world of commerce. So far, Payrexx has primarily focused on the internet, but with its “Payrexx QR Pay” project, it is now also conquering local businesses. And all this without expensive equipment or complex technology. For this bold move, the company Payrexx has received special recognition: it was awarded one of the three innovation prizes from Volkswirtschaft Berner Oberland. This honor was presented on January 11 during the New Year’s reception at the magnificent Hotel Viktoria-Jungfrau in Interlaken.“This prize is not only an award, but also an incentive. It confirms that innovation and the courage to take risks pay off, and we are on the right track with our vision of enriching the economy of the Bernese Oberland”, says Ivan Schmid, founder and CEO of Payrexx.

Learn more about Payrexx QR Pay ➜

This is how Payrexx QR Pay worksFor merchants, Payrexx QR Pay offers many benefits. For example, a small coffee shop doesn’t need an expensive credit card reader but can create, print, and attach the QR code to the checkout themselves using Payrexx. Or the florist at the weekly market attaches QR codes directly to their bouquets, so market strollers no longer have to queue at the checkout but can pay directly and take their bouquet with them. In advance, the merchant defines a fixed, open, or minimum amount. The latter is particularly suitable for tips or donations.

Once created and printed, the QR code can be easily placed on a counter or product. Just scan and pay.

Customers, in turn, can scan the QR code directly using the TWINT app or the camera function of their smartphone. In this way, Payrexx extends TWINT's payment methods: Payrexx QR Pay offers customers a wide range of global payment methods to choose from, such as Google Pay, PostFinance, Apple Pay, Visa, Mastercard, AliPay, or WeChat Pay. The market is thus opened to foreign visitors, making Payrexx QR Pay particularly interesting for the tourism sector. It is also very useful for vending machines and all types of unattended terminals, as a suitable QR code is dynamically generated via the interface for each payment.

You can also find out exactly how Payrexx QR Pay works in this video from Volkswirtschaft Berner Oberland.

Strengthening the local economy

In addition to agility and innovation, strengthening the region is also one of Payrexx's goals. The payment provider has always focused on Swiss SMEs, including companies from the Bernese Oberland. No matter how small a business might be or how little technical know-how the operators have: Payrexx enables everyone to sell their goods online or on-site without getting entangled in complicated clarifications with banks or credit card providers. Moreover, Payrexx deliberately enters into cooperations with Swiss companies: in recent years, partnerships with TWINT, Reka, NAKA, Centi, Bob invoice, or HeidiPay have been established.

As a constantly growing company in the heart of Thun, Payrexx actively creates training and workplaces. Last year alone, four new positions were filled. At the same time, Payrexx is used by merchants from all over the world. This international reach coupled with the regional efforts and innovative mindset of the young company likely convinced the jury of Volkswirtschaft Berner Oberland.

Project manager Stefan Burri, Sales and Marketing manager Andrea Hilfiker, and CEO Ivan Schmid present the innovation prize.