Payrexx vs PayPal
The more affordable Swiss alternative to the global payments giant
PayPal is the best-known payment provider with over 400 million users worldwide. But for Swiss online shops, recognition is not everything – costs, local payment methods and support play an equally important role. In this comparison, we show why Payrexx is the clearly more attractive solution for Swiss SMEs.
Monthly total costs of Payrexx and PayPal for a revenue of EUR 20,000
Monthly total costs of Payrexx and PayPal for a turnover of EUR 100,000
What are the pros and cons of Payrexx and PayPal?
Payrexx offers eight advantages: the lowest fees in comparison (over 55% less than PayPal), all important Swiss payment methods including TWINT and PostFinance Pay, integrated e-commerce tools, free plugins and personal support in Switzerland. The disadvantages are moderate awareness and the regional focus.
PayPal benefits from global recognition, no fixed costs and free plugin availability, but has the highest transaction fees of all compared providers, offers no Swiss payment methods, no e-commerce tools, only email and chat support and has the lowest Google rating with 1.6 stars.
Comparison table of advantages and disadvantages Payrexx vs PayPal
Payrexx
Advantages
Numerous payment methods (including TWINT and PostFinance Pay)
Free plugins
Integrated e-commerce tools
Low transaction fees
Free trial available
Swiss companies
Personal support
Support for in-person payments (POS, Tap to Pay & QR Pay)
Disadvantages
Moderate awareness
Focus on e-commerce in Switzerland and Europe
Moderate Google rating
PayPal
Advantages
Monthly fixed costs
Free plugins
High recognition and acceptance
Ideal for international payments
Disadvantages
No support for TWINT and PostFinance Pay
No e-commerce tools
High transaction fees
Headquarters in the USA
Email or chat support only
Low Google rating
Which payment methods does Payrexx offer compared to PayPal?
Payrexx supports 16 payment methods, including all options important in Switzerland such as TWINT, PostFinance Pay, Samsung Pay, WIR Pay, Reka, Centi and crypto. PayPal does not offer any of these Swiss payment methods – neither TWINT nor PostFinance Pay are available. For online shops with Swiss customers, this is a significant disadvantage, as TWINT is among the most popular payment methods in Switzerland. Payrexx is also the only provider to offer Pay by Bank.
Comparison table of payment methods Payrexx vs PayPal
Payrexx
PayPal
Mastercard
Yes
Yes
Visa
Yes
Yes
Postfinance Pay
Yes
No
Twint
Yes
No
American Express
Yes
Yes
Entdecken
Yes
Yes
PayPal
Yes
Yes
Apple Pay
Yes
Yes
GooglePay
Yes
Yes
Samsung Pay
Yes
Yes
WIRpay
Yes
No
REKA
Yes
No
CENTI
Yes
No
CRYPTO
No
No
Purchase on account
Yes
Yes
Zahlung per Bank
Yes
No
Which shop system plugins are offered by Payrexx and PayPal?
Both providers offer free plugins for common shop systems such as Shopify, WooCommerce and Shopware. However, Payrexx also offers plugins for MyCommerce, Drupal, Prestashop and Ecwid, which are missing at PayPal. A clear advantage of Payrexx are the integrated e-commerce tools: payment links, QR Pay and a configurable mini-webshop enable merchants to accept payments even without their own online shop. PayPal offers no comparable e-commerce tools.
Comparison table of plugins and integrations Payrexx vs PayPal
Payrexx
PayPal
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
No
How does the support from Payrexx differ from PayPal?
Payrexx offers personal support with direct contacts in Switzerland. PayPal only provides email and chat support – there is no telephone or personal consultation. The Google reviews reflect this: Payrexx has 3.9 out of 5 stars, while PayPal, with 1.6 out of 5 stars, has the lowest rating of all compared providers.
Who is Payrexx suitable for, and who is PayPal suitable for?
Payrexx is the better choice for Swiss online shops of any size – thanks to significantly lower costs, a broad range of Swiss payment methods and personal support. PayPal can make sense if an online shop has a high proportion of international customers who expect PayPal as a familiar payment method. Many Comerciante therefore use PayPal as a supplement – and process the majority of their payments via Payrexx, as Payrexx also integrates PayPal as a payment method.
How easy is the setup with Payrexx and PayPal?
Both providers offer relatively simple setup. For PayPal, company information and the commercial register number are sufficient. Payrexx also offers a fast onboarding process: registration by 4 p.m. means review on the same day. The advantage of Payrexx is that, as a payment facilitator, only a single contract is needed for all payment methods – including TWINT, PostFinance Pay and credit cards.
How much does Payrexx cost compared to PayPal?
The cost difference is significant: At 20'000 EUR monthly revenue, Comerciante pay 355 EUR at Payrexx, whereas at PayPal they pay 790 EUR. This is a difference of 435 EUR per month – Payrexx is thus over 55% cheaper. At 100'000 EUR revenue, the savings increase to 2'371 EUR monthly (Payrexx: 1'579 EUR vs. PayPal: 3'950 EUR). PayPal does not have a monthly base fee, but compensates for this with the highest transaction fees of all compared providers (3.4% + 0.55 EUR).
Cost comparison table: Payrexx vs PayPal
Provider
Subscription
Setup costs
Monthly costs
Transaction fees
Payrexx
Kostenlos
CHF 0.00
CHF 0.00
2.50%
+
CHF 0.30
Payrexx
Standard
CHF 0.00
CHF 19.00
1.65%
+
CHF 0.18
Payrexx
Premium
CHF 49.00
1.35%
+
CHF 0.18
PayPal
PayPal
CHF 0.00
CHF 0.00
3.40%
+
CHF 0.55
Additional Remarks
Payrexx
Payrexx is especially easy to set up as a payment facilitator – no programming knowledge is required. For verification, a valid photo ID and, if applicable, a commercial register number are required. If registration is completed by 4 p.m., the review takes place on the same day. Start-ups receive a 30% discount, non-profit organizations benefit from a 50% reduction on the transaction fees.
PayPal
With PayPal, no separate setup is required – a PayPal business account is sufficient. For verification, company information and a commercial register number are required. It should be noted that PayPal charges the highest transaction fees of all compared providers (3.4% + 0.55 EUR) and supports neither TWINT nor PostFinance Pay.
Conclusion: Payrexx or PayPal – which provider is cheaper and better?
Payrexx offers personal support with direct contacts in Switzerland. PayPal only provides email and chat support – there is no telephone or personal consultation. The Google reviews reflect this: Payrexx has 3.9 out of 5 stars, while PayPal, with 1.6 out of 5 stars, has the lowest rating of all compared providers.
