Announcement from PostFinance

PostFinance recently contacted all of its customers to inform them comprehensively about the upcoming transition. For the customers, it was a clear signal that they can rely 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 shop. As already informed, the existing solution will be discontinued as of December 31, 2023, and will be replaced by the payment solution Checkout Flex. Further information on the discontinuation of the existing solution can be found in the enclosed termination letter.

The new payment service providing complete solution from PostFinance offers you maximum flexibility when integrating payment methods and choosing acceptance partners. With the user-friendly Checkout back-office tool, you can 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 your online shop was set up by a web agency, please involve your contact person in a timely manner.

A compilation of the most important steps for upgrading to Checkout Flex can be found in this booklet. This guide is intended to assist you in setting up the Checkout back office and configuring the most important payment methods, credit card, PostFinance payment methods, and TWINT.

— Message PostFinance

PostFinance will discontinue its previous PSP products (Basic, Startup, Professional) by December 31, 2023, and will instead introduce the more flexible and user-friendly solution "Checkout Flex." This new solution allows for easy management of settings and online sales through the Checkout back-office tool. For a smooth transition, it is advisable to configure Checkout Flex as soon as possible and, if applicable, to involve your web agency early on.

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, making 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 time.

An easy switch from PostFinance to Payrexx

An alternative to the new Checkout Flex solution is the switch to Payrexx's all-in-one payment solution. 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.

The integration is done quickly, and you can start with the system the same day. The onboarding process is short and precise, so no valuable time is lost. Another decisive advantage is cost efficiency: There are no setup fees. This makes switching to Payrexx not only easy but also economically attractive. With Payrexx, companies opt for a solution that convinces both in terms of user-friendliness and economic aspects.

The ideal Checkout product for merchants

For those considering a switch, Payrexx's Checkout product is just the right choice. It has been specifically developed for merchants looking for a reliable, efficient, and user-friendly payment solution. Two options, in particular, are noteworthy:

Merchant API

This interface allows you to tailor-connect your business system directly to the payment service. This means you have full control over the payment process and can design it precisely to your requirements and needs. It is ideal for those seeking an individual solution and who value maximum adaptability.

Shop Plugins

For those using popular e-commerce platforms, integration via Shop Plugins offers a quick and uncomplicated way to incorporate the payment service into their online shop. It requires minimal technical effort and allows you to accept payments in the shortest possible time.

The online payment market is rapidly evolving, and amidst this change, it's crucial to always stay up to date. With these integration options, whether through the Merchant API or the practical shop plugins, you are optimally positioned to succeed in the digital commerce world.

Would you like to see for yourself what Payrexx can do? Sign up and test all functions free for 30 days.