Allow customers to pay easily and quickly with all common Swiss payment methods, effortlessly and securely from one source? No problem, thanks to the Thun-based start-up Payrexx. The payment provider has made it its mission to enable anyone and everyone to enter the world of commerce. Until now, Payrexx primarily focused on the Internet; with its project “Payrexx QR Pay” it now conquers local shops as well. And all this without expensive equipment or elaborate technology. For this bold move, the company Payrexx received special recognition: it was awarded one of the three innovation prizes by the Volkswirtschaft Berner Oberland. This honor took place on January 11 during the New Year’s reception of the Volkswirtschaft Berner Oberland in the magnificent Hotel Viktoria-Jungfrau in Interlaken.“This award is not only a recognition but also an incentive. It confirms that innovation and a willingness to take risks pay off, and that we are on the right track in our vision to enrich the economy of the Berner Oberland”, says Ivan Schmid, founder and CEO of Payrexx.

Learn more about Payrexx QR Pay ➜

This is how Payrexx QR Pay works. For Comerciante Payrexx QR Pay offers many advantages. For example, a small coffee shop does not need an expensive credit card reader but can create, print, and attach the QR code to the checkout using Payrexx. Or the flower Comerciant on the weekly market directly attaches a QR code to their bouquets, so market-goers no longer have to queue at the checkout but can pay directly and take their bouquet with them. In advance, Comerciant can define a fixed, open, or minimum amount. The latter are particularly suitable for tips or donations.

Once created and printed, the QR code can be easily placed on a counter or product. Now just
scan and pay.

The end customers, in turn, can scan the QR code directly via the TWINT app or via the camera function of their smartphone. In this way, Payrexx expands TWINT's payment methods: Payrexx QR Pay offers customers a variety of worldwide payment methods to choose from, such as Google Pay, PostFinance, Apple Pay, Visa, Mastercard, AliPay, or WeChat Pay. Therefore, the market is opened for foreign visitors, making Payrexx QR Pay particularly interesting for the tourism sector. Payrexx QR Pay also proves very useful for vending machines and all kinds of unattended terminals, as a suitable QR code is dynamically generated for each payment via the interface.

How Payrexx QR Pay actually works, you can also learn in this video by Volkswirtschaft Berner Oberland.

Strengthening the local economy

In addition to agility and innovation, strengthening the region is also one of Payrexx's goals. The payment provider has always focused on Swiss SMEs, including companies from the Berner Oberland. No matter how small a business may be or how little technical know-how the operators have: Payrexx enables anyone and everyone to sell their goods online or on-site without getting entangled in complicated clarifications with banks or credit card providers. Moreover, Payrexx deliberately enters into partnerships with Swiss companies: in recent years, partnerships with TWINT, Reka, NAKA, Centi, Bob invoice, or HeidiPay have been established.

As a continuously growing company in the heart of Thun, Payrexx actively creates training and jobs. In the past year alone, four new positions have been filled. At the same time, Payrexx is used by Comerciante from all over the world. This international appeal, coupled with regional efforts and the innovative mindset of the young company, are probably what convinced the jury of the Volkswirtschaft Berner Oberland.

Project manager Stefan Burri, sales and marketing director Andrea Hilfiker and managing director Ivan Schmid present the innovation award.