POWERPAY for Online Shops
POWERPAY is a Swiss payment service provider that allows consumers to conveniently settle online purchases by invoice or in installments. Customers receive a consolidated monthly statement for all purchases made, allowing for easy financial overview and planning. The service is particularly popular among consumers who prefer to pay later or wish to distribute their expenses flexibly. With POWERPAY, you offer your customers the option to conveniently pay by invoice with a partial payment option, while POWERPAY handles the prepayment, eliminating the risk of default.
POWERPAY
FREE
STANDARD
PREMIUM
Purchase on account
Shopping and only providing the address, with no credit card or mobile wallet? This flexible payment option is what you offer your customers with POWERPAY. They will receive their invoice by email within a few days, while you receive your money immediately and without any risk.
Instalment option
Your customers don't want to pay the full amount at once? No problem with POWERPAY. This payment method allows the invoice to be paid in installments* easily. And you receive your money immediately.
Simple Integration
With Payrexx, you can activate and integrate this 'purchase on account' option with just a few clicks, without any programming knowledge. Subsequently, POWERPAY will be available for selection in your online shop and in your gateway for customers.
Processing by
Proveedor externo
Type
Buy now pay later
Availability
CH, LI
Transaction fees
FREE
STANDARD
PREMIUM
Channels
Online
Functions
See documentation
Documentation
How you can activate POWERPAY
The most common questions about POWERPAY for online shops
Answers to typical questions that Merchants and SMEs have regarding the payment method Powerpay, including important information about costs, security, and implementation for use in checkout or online shop.
How do I integrate POWERPAY into my online shop with Payrexx
Activation is done directly in the Payrexx account and, according to Payrexx, is possible without programming knowledge. You go to Payment Providers, select POWERPAY, and click Configure to link an existing integration or start the onboarding process. After that, POWERPAY can be selected at checkout.
What does POWERPAY cost for SMEs via Payrexx
The costs for Comerciante are dependent on the minimum annual turnover. According to Payrexx, the standard fees in the PREMIUM subscription are 0.25%. In addition, POWERPAY fees apply.
When do Comerciantes receive the payout from POWERPAY
Regardless of whether customers pay later, in installments, or not at all, you receive your money directly from POWERPAY. The payout interval is monthly by default, but shorter payouts can be requested.
In which countries is POWERPAY available
POWERPAY currently serves only Switzerland. This means the payment option is currently only available for Swiss buyers and Comerciantes.
What happens if customers do not pay at Powerpay and who bears the risk
If payment has not been received after approximately 45 days, customers will receive a reminder. As a dealer or SME, you are not involved in the reminder process because you receive your money from POWERPAY, thus freeing you from the risk of default.
How does POWERPAY work for customers in checkout
In the Payrexx Checkout, customers select POWERPAY and provide personal information for verification, typically name, address, phone, email, and date of birth. POWERPAY conducts a credit check or authorization in real-time in the background, in some cases also with additional two-factor authentication. Afterwards, the invoice is sent by POWERPAY.
What is POWERPAY and what is it suitable for SMEs
POWERPAY is a Swiss purchase on invoice solution with partial payment option. Your customers can first order and pay later by invoice, while POWERPAY handles the pre-financing. This is particularly attractive for SMEs that want to offer popular invoice purchases in their online shop without bearing the risk of payment default themselves.
