Ideal Payment

This article explains how to integrate Ideal Payment as an external payment provider in Payrexx to receive payments.

General Information

Ideal Payment AG is a Swiss company that offers merchants the payment method "purchase on invoice" with integrated accounts receivable management.

Links

• Login at Ideal Payment

• Ideal Payment Website

Features

Payment types

The following features are available in the Payrexx merchant administration panel:

• ✅ One-time payment

• ✅ Refund

• ✅ Partial refund

• ❌ Recurring payments (Subscription)

• ❌ Tokenization

• ❌ Pre-authorization

Payment methods

• Purchase on Invoice

• Payment in 2 installments

• Payment in 3 installments

Installment payments

Installment payments are possible with Ideal Payment as the end customer can pay only a part of the amount due. The dunning process continues until the full amount is settled.

Merchants can adjust the dunning deadlines via the Ideal Payment customer portal to grant customers more time for payment.

Country Availability

The "purchase on invoice" payment method from Ideal Payment is only available to merchants from 🇨🇭 Switzerland and 🇱🇮 Liechtenstein .

Setup

Please follow the instructions below to integrate Ideal Payment as an external payment provider in Payrexx.

Configuration of Payrexx

Make sure you're logged in to your Payrexx account before you begin. If you don’t have a Payrexx account yet, you can register now.

Request an offer

Navigate to Payment providers in your Payrexx account and click "Show" under alternative payment methods:

Finding the payment provider Ideal Payment in Payrexx

Then click "Setup" next to Ideal Payment:

Setting up the payment provider Ideal Payment in Payrexx

Choose the option "Yes, I want an offer":

Requesting an offer from Ideal Payment

Finally, fill out the form and click "Request offer now" at the bottom right:

Submitting the application to Ideal Payment

Configuring Ideal Payment

Log in to your Payrexx account and navigate to Payment providers. Then click "Configure" next to Ideal Payment, which will open a window with the following configuration options:

Configuration options for Ideal Payment

1. If you want to test Ideal Payment, select the "Test" option in the mode settings. You can find more information on this topic in the support article about testing. If you want to use Ideal Payment for live transactions and offer it as a payment method to your customers, choose the "Live" mode.

2. Ideal Payment incurs transaction fees, which consist of a percentage fee and a fixed fee. Enter the fees specified in your contract with Ideal Payment here:

Entering the Ideal Payment fees

Entering the fees has no commercial impact; it is only required for generating reports in Payrexx.

1. Enter the live mode credentials you received from Ideal Payment here.

2. Enter the test mode credentials you received from Ideal Payment here.

Don’t forget to complete the configuration by clicking the "Save" button.

The configuration is complete. Ideal Payment can now be used.

Payouts

Since Ideal Payment is integrated into Payrexx as an external payment provider, payouts are not processed by Payrexx but directly by Ideal Payment.

Most transactions are paid out to merchants in real time – immediately after the customer completes the payment. The remaining balance is settled according to the contractually agreed settlement period, starting from the invoice date (varying by merchant).

On average, it takes around 15 days for the merchant to receive the full amount.