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 provides 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 significant increase in mobile payments. According to studies, payment by smartphone is becoming increasingly popular in both stationary and online retail and is likely to gain even more importance in the future. A survey on the preferred payment method for internet purchases in Switzerland revealed 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 Lucerne.

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

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

— Etienne Bucher, Managing Director of Bahnhofplatz Car Park Ltd, Lucerne.

Website and Checkout Parking Lucerne

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 highest 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 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 pleased to further increase the acceptance of our mobile payment solution in the online area together with Payrexx. With this step, we aim to simplify secure, mobile, and contactless payments for our users.”

How payment with Samsung Pay works

For customers, using it is simple: choose 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 securely done via fingerprint or PIN; and the purchase is completed in seconds. No additional payment data is needed for paying for online purchases with Samsung Pay. Through two-factor authentication, tokenization, and encrypted transmission, customer information remains protected. Besides tokenization, Samsung Pay also supports preauthorization.

This is Payrexx

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

The platform combines over 40 payment providers and more than 200 payment methods and currencies from around the world through a single interface. This includes popular payment types such as Mastercard and VISA as well as Samsung Pay, PostFinance, and PayPal.

All Payrexx systems are designed redundantly, guaranteeing the highest level of fail-safety and are certified according to the strictest PCI-DSS Level-1 guidelines.

This is Samsung Electronics

Samsung Electronics Co., Ltd. inspires people and shapes the future with ideas and technologies that improve our lives. The company is changing the world of televisions, smartphones, wearable devices, tablets, cameras, home 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.