Payouts
Important: The following information applies to the payment provider Payrexx Direct & Payrexx Swiss Collecting. For all other adapters, Payrexx serves as payment service provider and is only responsible for the technical transaction. Withdrawals made trough other payment providers are made by the payment provider used. The credit is transferred directly to the deposited bank account. When and how often is paid out, differs from provider to provider, as well as your agreement.

Payout Schedule

We pay out the money from your merchant account to your bank account depending on the settlement period used. Currently, payouts are available in EUR and CHF currency. Other currencies are charged at the daily rate plus a 2% conversion fee.

There are 3 settlement periods:

  • Daily
  • Weekly
  • Monthly
For all schedules, your transactions will not be paid out until at least 8 full days have passed since they were received.
Important: For security reasons, you will receive your money at the end of each month during the first three months. In addition, you need to expect around three days' bank delay for all settlement periods.

Changing the Payout Schedule

By default, all customers have monthly settlements. If you wish to have a daily or weekly settlement, for example, due to cash flow or a subscription-based business model, feel free to message us through our contact form. We are happy to help you choose the right settlement.

Transaction Currencies

Transaction currencies are the currencies that you, as a merchant, offer your products/services in. Your customers pay for their orders in transaction currencies. With Payrexx, you can accept all the transaction currencies offered by Visa & Mastercard.
Reason To Set up Multiple Settlement Currencies
By using multiple settlement currencies, you as a merchant can save on conversion costs when offering your products and services in countries that use a different currency than your local one.

Third-party Payment Provider

Third-party payment provider Payouts are made by the third party payment provider used. If you have questions about disbursement by third party payment providers, please contact their support. Payouts for third-party payment providers cannot be mapped on Payrexx at this time.
Last modified 1mo ago