The activation is done directly in the Payrexx account and, according to Payrexx, is possible without programming knowledge. You go to the payment provider, select POWERPAY, and click Configure to link an existing integration or start the onboarding. Afterwards, POWERPAY is selectable at 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.

Regardless of whether customers pay later, in instalments, or not at all, you will receive your money directly from POWERPAY. The standard payout interval is monthly; shorter payouts can be requested.

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

If payment has not been made after approximately 45 days, customers receive a reminder. As a Comerciante 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 number, email, and date of birth. POWERPAY conducts a credit check or authorization in real-time in the background, and also performs additional two-factor authentication depending on the case. Afterwards, the invoice is delivered by POWERPAY.

POWERPAY is a Swiss purchase on account solution with an instalment option. Your customers can order first and pay later by invoice, while POWERPAY takes on the pre-financing. This is particularly attractive for SMEs who want to offer popular invoice purchasing in their online shop without bearing the risk of payment default themselves.