Payrexx turns the phone into a Kartenlesegerät
With “Payrexx Tap to Pay”, receiving payments is now even easier. The brand-new SoftPOS application replaces expensive Kartenlesegeräte and eliminates annoying fixed costs. Simply install it on the phone and start collecting payments, whether by card or TWINT. Fast, easy, secure – perfect for SMEs, clubs, and non-profit organizations.
Sheila
Matti
Take the local football club as an example: The club tournament is just around the corner, the table has been set up, and all volunteer helpers are ready. A refreshment stand is meant to look after the players and visitors, the drinks, deep fryers and cakes are already organised. Now only a simple way to collect payments is missing.
Instead of limiting themselves to cash, registering separately with TWINT or even buying an expensive terminal, the club opts for the simple yet comprehensive solution – Payrexx. Or more precisely: Payrexx Tap to Pay.
What exactly is Payrexx Tap to Pay?
The Swiss payment provider from Thun has specialised in the needs of SMEs, clubs, start-ups and non-profit organisations and knows: it has to be straightforward, user-friendly and affordable. This is exactly where the newly developed “Tap to Pay” product comes in.
SoftPOS technology, short for “Software Point of Sale”, allows merchants to accept payments directly via their smartphone. With the Android application, anyone can easily collect payments on site, directly via their own device and without complex registration processes or expensive technology. Mobile, flexible and modern.
This is how it works:
Register with Payrexx: The football club creates an account with Payrexx. Thanks to the new FREE subscription, there are no monthly costs, and the usually tedious verification process is simple and fast: as soon as the required data has been entered, the club’s account is checked and activated the same day.
Download the app: Either the club organises a few cashier phones to be stationed on site, or the helpers download the app individually to their Android device. Either way, Payrexx Tap to Pay can be used with just one account on any number of devices. The first device is free; for each additional device, the club pays CHF 4 per month.
Receive payments in no time: Anyone with an NFC-capable phone can now collect payments. Simply enter the amount and have tournament visitors hold their credit or debit card to the phone. And just like that, the amount has been transmitted. TWINT or mobile wallets such as Apple Pay or Samsung Pay can also be accepted.
All incoming transactions are collected clearly in the football club’s Payrexx account, so that the cashier later has a clear overview of all amounts received. And once the tournament is over, the use cases for Payrexx do not stop: the club can also handle membership fees, trial trainings, crowdfunding or jersey sales directly via the various Payrexx products.
Payrexx Tap to Pay is of course not only suitable for the example football club. The application was developed so that a wide range of use cases are conceivable. Whether fitness centre, swimming pool, kiosk, food truck, hairdresser, florist, cleaners, tradesperson, dentist, taxi driver, street artist or music society: wherever the phone has internet reception, Tap to Pay can be used to receive payments.
What is the new product intended to achieve?
For Payrexx, Tap to Pay is a milestone on the path from a pure e-commerce provider to an omnichannel provider. While the company from Thun has so far mainly focused on online merchants, Tap to Pay is now the first product that specifically targets brick-and-mortar retail. In this way, Payrexx opens up a new target group – consisting of small merchants, associations, non-profit organisations or clubs that Payrexx wants to support in receiving payments on site.
While international and listed payment providers focus on large, high-revenue companies and usually offer the small ones only poor conditions, Payrexx stands up exactly for these. Having started as a start-up in Thun, Payrexx knows exactly the challenges of an SME. Accordingly, Payrexx’s vision is: All people should be able to do business – regardless of their experience or financial means.
This attitude is ultimately also reflected in the costs. Since these can be crucial for small merchants, they have been deliberately kept as low as possible with Payrexx Tap to Pay. Both the Payrexx account and the application can be obtained free of charge. With transaction costs of 1.65% + CHF 0.15, Payrexx can also not only keep pace with the competition, but in some cases even undercut it.
For now, Payrexx Tap to Pay is only available for Android devices, as Apple only released NFC technology for Swiss applications this year. Payrexx is working at full speed to bring Tap to Pay to market for iPhones and iPads as soon as possible.
