Tether and Bitcoin for online stores
The Crypto payment method allows you to accept payments in the form of cryptocurrencies easily and securely. If you activate Crypto in your Payrexx account, your customers can pay with Bitcoin or Tether, for example - and you don't need any crypto knowledge to do so.
Global accessibility
Cryptocurrencies can be used from anywhere in the world as long as there is an internet connection. As a trader, this gives you access to a global customer base that values innovation.
High level of data protection
Customers particularly appreciate the high degree of anonymity offered by cryptocurrencies, as the wallets are not directly linked to their identity. And merchants also benefit from maximum security thanks to Payrexx's high standards.
Easy handling
As a merchant, you can activate Crypto directly via the payment provider Payrexx Pay, without any additional registration or costs. Your customers, in turn, use their crypto wallet directly, quickly and easily.
Crypto functions for online stores
Currencies
Payments
Payments
All
CHF, EUR, USD, GBP, DKK, CAD, AUD
Availability
Dealers:inside from Switzerland
... - FREE plan
... - STANDARD Plan
... - PREMIUM plan
Transaction fees
CHF 20,000(Payrexx Pay)
Limit per transaction
Payment intervals
Payout to your bank account
Weekly payment intervals
Monthly payment intervals
Documentation
Functional overview of all payment methods
Crypto documentation
Advantages of Crypto
For you as a retailer:in
With the crypto payment method, you can reach a new, innovative customer segment. Anyone who likes to trade in cryptocurrencies will welcome the opportunity to pay with them in your store. This not only strengthens customer loyalty, but also increases your turnover.
Cryptocurrencies and stablecoins are considered a particularly secure payment method for merchants: Because crypto transactions are irreversible and cannot be reversed, you are protected against certain fraud methods - such as chargebacks. In addition, Payrexx's high security standards provide maximum protection for your transactions.
Transaction processing is also particularly reliable with the crypto payment method - especially in combination with Payrexx's advanced technology. So you can rest assured that your payments will arrive safely.
For your customers
Crypto as a payment method is particularly popular with buyers who value data protection. Unlike credit card or bank transactions, they do not have to provide any sensitive data when using a crypto wallet, but can make pseudonymized purchases.
People with an economic interest also rely on cryptocurrencies, as they can use them to protect themselves against the loss in value of their own fiat currency, such as the euro or dollar. Tether as a stablecoin, for example, is not subject to any stock market fluctuations or similar uncertainties.
Cryptocurrencies are also regarded as a modern and innovative form of payment that is constantly gaining popularity and can be used in more and more countries, regions and online stores. The worldwide availability and independence from national currencies or banking systems is therefore another important advantage of this payment method.
How to activate Crypto
Existing customer
Log in to your Payrexx account and activate Crypto under Payment provider settings. This allows you to offer cryptocurrencies alongside other payment methods such as TWINT, PostFinance, Reka, Google Pay, Samsung Pay, etc.
Not a customer yet?
Create your Payrexx account at the click of a button and test Payrexx without obligation. Crypto is already activated for Swiss merchants and you only need to have your account verified before you can receive live payments with Crypto.
Frequently asked questions about crypto for online stores
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Cryptocurrencies are digital or virtual currencies that are secured by cryptography. Behind this is a sophisticated technology based on the so-called blockchain.
It is important to know that cryptocurrencies - unlike payment methods such as credit cards or bank transfers - are not based on conventional currencies such as the euro or dollar. It is precisely this independence that is appreciated by many users.
Stablecoins, on the other hand, are cryptocurrencies that have been designed in such a way that their value remains stable. Unlike volatile cryptocurrencies - such as Bitcoin or Ether - the prices of stablecoins do not fluctuate constantly, but are linked to a stable asset.
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Bitcoin is probably the most popular and best-known cryptocurrency in the world. It was introduced in 2009 as a direct response to the financial crisis of 2008. At that time, many people lost confidence in the conventional banking system and were looking for an alternative. This is where Bitcoin came onto the scene as a so-called peer-to-peer electronic cash system: a network in which users can trade directly with each other and exchange currencies.
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Cryptocurrencies are purchased, traded and issued with the help of digital wallets. Depending on the network and currency, different wallets or apps are required. Payment itself is usually made using a QR code: This is displayed in the online store after selecting the cryptocurrency payment method and can then be easily scanned by the buyer.
This is also the case with crypto within the Payrexx Pay payment service: if customers choose this payment method, they are shown a QR code after entering a few details. They can then scan this directly with their crypto wallet and pay. As a merchant, you receive your money as usual in the payout currency you have specified - it's simple and straightforward.
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Thanks to Payrexx, receiving and accepting cryptocurrency payments is child's play for you. All you need to do is follow these steps:
Register with Payrexx.
Set up the integrated payment provider "Payrexx Pay" by verifying your account.
Configure Payrexx Pay and apply for the crypto payment method.
Done! As soon as crypto has been activated for you, the payment method will automatically be displayed in your checkout.
By the way, you don't have to worry about converting crypto to CHF or euros: Payrexx takes care of this task for you. All transactions via crypto are listed in your payout and the generated amount is paid out directly to the account you have deposited.
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The transaction fees for payments via crypto are 1.45 % + 0.00 CHF. The fees do not vary, but are the same for every Payrexx subscription.
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Payments with crypto are particularly secure for two reasons:
Payrexx security standards: Payrexx has the highest security standards to protect your data, your account and your transactions. Thanks to the integration into the payment provider Payrexx Pay, which is developed directly by us, we can also guarantee constant updates and maintenance.
Security through cryptocurrency: Cryptocurrency itself is also known as a payment method for its high level of security. This is due to the underlying blockchain technology and the anonymity of users.