# Buy Now Pay Later ## Buy Now Pay Later Solutions Buy Now Pay Later (BNPL) refers to modern forms of purchasing on account, where the customer receives their order immediately but payment is made later or in installments. These solutions provide customers with great flexibility and financial freedom. On the other hand, merchants benefit from higher conversion rates and larger order volumes. ### Available Buy Now Pay Later solutions in Payrexx Payrexx supports the following Buy Now Pay Later solutions:
Payment solutionAvailabilityActivation
Purchase on Invoice🇨🇭 Switzerlandwithin Payrexx Pay
Klarnasame as Payrexx Pay Pluswithin Payrexx Pay Plus
CembraPay🇨🇭 Switzerland, 🇱🇮 Liechtensteinas an external payment provider
POWERPAY🇨🇭 Switzerland, 🇱🇮 Liechtensteinas an external payment provider
Ideal Payment🇨🇭 Switzerlandas an external payment provider
HeyLight🇨🇭 Switzerlandas an external payment provider
Bill (manual)worldwideas a manual payment method
## Purchase on Invoice The payment method [Purchase on Invoice](/merchant/english/payment-provider/payrexx-pay/payment-methods/purchase-on-invoice.md) can be activated and configured within Payrexx Pay with just a few clicks. Automatic invoices with a Swiss QR code can be sent to customers via email. Upon payment, the payment status is automatically updated in the Payrexx merchant administration. ### Requirements * Merchant registered in :flag\_ch: Switzerland * [Verified account](/merchant/english/the-first-steps/account-verification.md) with Payrexx * [Payrexx Pay](/merchant/english/payment-provider/payrexx-pay.md) payment provider activated ### Features * ✅ One-time payment * ❌ Installment payment * ❌ Refund/Partial refund * ✅ Recurring payments (Subscription) * ❌ Credit check at checkout * ❌ Payout even in case of debtor loss ## Klarna The payment method [Klarna](/merchant/english/payment-provider/payrexx-pay/payment-methods/klarna.md) can be activated within Payrexx Pay Plus with a single click. In addition to immediate payment, depending on the country, customers have the option to choose from various Buy-Now-Pay-Later options such as "Pay Later," "Installments," or "Financing." ### Requirements * Merchant registered in one of the following countries: :flag\_ch: Switzerland, :flag\_li: Liechtenstein, :flag\_de: Germany, :flag\_at: Austria, :flag\_it: Italy, :flag\_fr: France, :flag\_dk: Denmark, :flag\_lu: Luxembourg, :flag\_bg: Bulgaria * [Verified account](/merchant/english/the-first-steps/account-verification.md) with Payrexx * [Payrexx Pay Plus](/merchant/english/payment-provider/payrexx-pay.md) payment provider activated ### Features * ✅ One-time payment * (✅) Installment payment \* * ✅ Refund/Partial refund * ❌ Recurring payments (Subscription) * ✅ Credit check at checkout * ✅ Payout even in case of debtor loss \*Availability depending on the country ## CembraPay With [CembraPay](/merchant/english/payment-provider/external-payment-provider/wallets-and-more/cembrapay.md), merchants can offer their customers the option to purchase on invoice or via installment payments. Credit checks, receivables management, and the risk of payment defaults are all handled by CembraPay. This payment solution can be integrated into Payrexx as an external payment provider. ### Requirements To use CembraPay, the following requirements, among others, must be met: * Company headquarters located in 🇨🇭 Switzerland or 🇱🇮 Liechtenstein, including a commercial register excerpt * Annual transaction volume of at least CHF 75,000.00 through invoices, or at least 800 transactions per year ### Features * ✅ One-time payment * ✅ Installment payment * ✅ Refund/Partial refund * ❌ Recurring payments (Subscription) * ✅ Credit check at checkout * ✅ Payout even in case of debtor loss \*Availability depending on the country ## POWERPAY The Swiss payment service provider [POWERPAY](/merchant/english/payment-provider/external-payment-provider/wallets-and-more/powerpay.md) enables merchants to offer their customers purchase on account with an installment payment option. POWERPAY handles the credit check and assumes the risk of non-payment. ### Requirements * Merchant registered in :flag\_ch: Switzerland or :flag\_li: Liechtenstein ### Features * ✅ One-time payment * ✅ Installment payment * ✅ Refund/Partial refund * ❌ Recurring payments (Subscription) * ✅ Credit check at checkout * ✅ Payout even in case of debtor loss ## Ideal Payment [Ideal Payment AG](https://www.ideal-payment.ch/) is a Swiss company that offers merchants the payment method "Purchase on Invoice" with integrated accounts receivable management. You can learn how to activate Ideal Payment in Payrexx in the relevant [article](/merchant/english/payment-provider/external-payment-provider/wallets-and-more/ideal-payment.md). ### Requirements * Merchant registered in :flag\_ch: Switzerland * Account with Payrexx * Accoiunt with [Ideal Payment](/merchant/english/payment-provider/external-payment-provider/wallets-and-more/ideal-payment.md) ### Features * ✅ One-time payment * ✅ Installment payment * ❌ Refund/Partial refund * ❌ Recurring payments (Subscription) * ✅ Credit check at checkout * ✅ Payout even in case of debtor loss ## HeyLight HeyLight is a Swiss buy-now-pay-later payment solution that allows merchants to offer their customers monthly installment plans. Merchants can decide whether to cover the financing themselves or pass the interest on to the customer. You can learn how to activate HeyLight in Payrexx in the corresponding [article](/merchant/english/payment-provider/external-payment-provider/creditcards/heylight.md). ### Requirements * Merchant registered in :flag\_ch: Switzerland * Account with Payrexx * Accoiunt with [HeyLight](https://heylight.com/) ### Features * ✅ One-time payment * ✅ Installment payment * ✅ Refund/Partial refund * ❌ Recurring payments (Subscription) * ✅ Payout even in case of debtor loss ## Bill (Manual) With the manual payment method [Bill](/merchant/english/payment-provider/external-payment-provider/manual-payment-methods/bill.md), you can send invoices to your customers. Once an invoice is paid, the payment status must be manually updated in Payrexx. You have two options for creating the invoice: 1. You can use the Payrexx tool [Invoice](/merchant/english/account/tools/invoice.md) to create your invoices. 2. You can create your invoices manually or with the help of a third-party tool outside of Payrexx. ### Requirements * Account with Payrexx ### Features * ✅ One-time payment * ❌ Installment payment * ❌ Refund/Partial refund * ❌ Recurring payments (Subscription) * ❌ Credit check at checkout * ❌ Payout even in case of debtor loss --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.payrexx.com/merchant/english/payment-provider/buy-now-pay-later.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. 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