If you receive recurring payments from your customers (for example, when selling subscriptions), then tokenization via Payrexx offers you an easy way to automate payment processing.

With tokenization, your customers can store their credit card for future payments and authorize you to make regular deductions. This way, customers do not have to painstakingly re-enter their details each time.

During the payment process, the credit card number is replaced by a so-called token — no sensitive data is stored.

How does tokenization work with Payrexx?

Through Payrexx Swiss Collecting, Payrexx's in-house payment solution, you can apply tokenization to the following payment methods:

• Mastercard

• Visa

• TWINT

• PostFinance Card

• Google Pay

• Samsung Pay

You can also use tokenization with the PayPal payment method — integrate your PayPal account into Payrexx.

Easy Integration: With the Payrexx API, you can create a gateway. In Payrexx, a gateway is a temporary payment link created for a specific payment or tokenization process.

This way, you can directly retrieve your customers' payment information from your app/website and charge at a later time. Charging can occur via the Payrexx account or the Payrexx API.

The Payrexx support article provides all information about the integration of tokenization. Among other things, you will find a step-by-step guide on how to create a gateway using the Payrexx API.

In your Payrexx account - Overview of all tokenizations

Advantages of TokenizationHandling recurring payments through tokenization offers your business various advantages:Less Effort — eliminates the need to issue invoices.Regular Income — recurring payments provide a predictable revenue stream.Satisfied Customers — the payment runs automatically, requiring no effort from your customers.Timely Payment — the automatic process eliminates payment delays.Highest Security — no sensitive data is stored during the payment process.See for yourself

You can see: Recurring payments with tokenization are fast, secure, and convenient — for you and your customers. Do you want to benefit from tokenization advantages in the future? Then sign up now and test Payrexx free for 30 days.