Payrexx introduces modern POS terminals to the market and expands its all-in-one payment solution

Payrexx is launching POS terminals for on-site payments and thus adding to 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 a pop-up store in Zurich, a stall at the weekly market or a hairdressing salon without a cash register system – with Payrexx terminals, card payments can be accepted anywhere.

«Payrexx is specifically targeting SMEs: The new terminals are ready to use immediately, 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 terms as well as favourable transaction fees. This gives SMEs a simple, reliable and cost-efficient solution from a single source.»

In the introductory period, merchants benefit from an exclusive introductory price: instead of CHF 25 per month, they pay only CHF 9 in the first year for the rental of their device. Transaction fees are 0.95 % + CHF 0.15 for debit card payments, 1.25 % + CHF 0.15 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 everyday use.

• The Payrexx Nexgo N6 is a smaller, more compact terminal with a smartphone look. Its size makes it perfect for mobile and flexible use, as long as printed receipts are not required.

• 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 therefore immediately ready to use and accepts debit cards, credit cards, mobile wallets and even cryptocurrencies.

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

What does Payrexx want to achieve with the new product?

For Payrexx, this step is another milestone on the path from a pure e-commerce provider to an omnichannel player. While the company from Thun has so far mainly focused 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 on-site payments and do not need fixed terminals. Tap to Pay is particularly suitable for seasonal businesses or irregular use, while QR Pay is ideal for self-service stalls, vending machines or merchants who want to offer more than the usual payment methods. With the new POS devices, Payrexx now also offers a solution for merchants who want to accept card payments on site regularly.

The vision is clear: everyone 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 businesses and develops solutions especially for them. Having started as a start-up in Thun, Payrexx knows the challenges of SMEs exactly and therefore offers young companies as well as non-profit organisations special discounts.