The activation takes place directly in the Payrexx account and, according to Payrexx, is possible without programming knowledge. You go to Payment Providers, select POWERPAY and click on Configure to link an existing integration or start the onboarding. After that, POWERPAY can be selected in the checkout.

The costs for merchants depend on the minimum annual turnover. According to Payrexx, the standard fees in the PREMIUM subscription are 0.25%. Additionally, the fees from POWERPAY apply.

Whether customers pay later, in installments, or not at all, you receive your money directly from POWERPAY. The payout interval is monthly by default, shorter payouts can be requested.

POWERPAY currently serves exclusively Switzerland. This means the payment option is currently only available for Swiss buyers and merchants.

If payment has not been made after approximately 45 days, customers will receive a reminder. As a merchant or SME, you are not involved in the reminder process because you receive your money from POWERPAY and are thus freed from the risk of default.

In the Payrexx Checkout, customers select POWERPAY and provide personal information for verification, typically name, address, phone, email, and date of birth. POWERPAY conducts a credit check or authorization in real-time in the background, depending on the case, also with additional two-factor authentication. Afterwards, the invoice is delivered by POWERPAY.

POWERPAY is a Swiss buy now, pay later solution with an installment payment option. Your customers can place an order first and pay later via invoice, while POWERPAY provides the pre-financing. This is particularly attractive for SMEs that want to offer the popular invoice purchase option in their online store without bearing the risk of payment default themselves.