Instant payment in online retail: how does "Pay by Bank" work and for whom is it worthwhile?
Instant payment has now also arrived in Switzerland - allowing merchants to receive payments from Germany and Austria in real time. With "Pay by Bank", merchants also benefit from lower fees, fewer abandoned purchases and a simpler checkout.
Payrexx revolutionizes Swiss e-commerce: First instant payment solution for direct bank transfer
Payrexx is the first payment provider in Switzerland to launch the practical payment solution "Pay by Bank". This allows customers from Germany and Austria to conveniently shop at Swiss merchants and pay in real time from their bank account. Online store operators, in turn, benefit from particularly low transaction costs.