PostFinance Pay

In this article you will find out how the PostFinance Pay payment method works and how you can activate it as a Payrexx merchant.

With PostFinance Pay, PostFinance is introducing a new payment method for online stores to replace the two previous payment methods "PostFinance Card" and "PostFinance e-finance". There is no longer any need to use the PostFinance Card or the reader to process transactions in the online store. Customers will be able to process transactions easily and conveniently via the PostFinance app. This improves the customer experience and lays the foundation for optimizing the conversion rate.

Payment process with PostFinance Pay

The customer starts a payment, selects PostFinance Pay as a payment method and is redirected to the PostFinance app. He can then authorize the payment there. After confirmation in the PostFinance app, the purchase is completed and the customer is redirected back to the store.

Payment flow PostFinance Pay

Alternatively, customers can use their PostFinance card to make a standard Mastercard payment and enter their credit card details as usual, as all PostFinance cards are now also Mastercard debit cards.

As a merchant, you can see the transactions made in your Payrexx account under Payments > Transactions.

Setup

Make sure you are logged in with Payrexx before you start. No account with us yet? Click here to register.

In order to apply for PostFinance Pay, the payment provider Payrexx Swiss Collecting must be set up.

Activating PostFinance Pay

In your merchant administration, navigate to Payment provider > Payrexx Swiss Collecting > Configure and activate PostFinance Pay by ticking the corresponding box:

Activating PostFinance Pay within Payrexx Swiss Collecting

Save the new setting and you're done. The PostFinance Pay payment method is now activated for your customers and visible in the checkout.

Please note that PostFinance Pay does not work if it has been implemented using iFrame or another embedding described on this page.

FAQ

What are the transaction fees for me as a merchant?

You can find the transaction fee for PostFinance Pay in the Payrexx Swiss Collecting settings under Payment provider > Payrexx Swiss Collecting > Configure.

Which payment functionalities are available with PostFinance Pay?

In this function matrix of the Payrexx Swiss Collecting and Payrexx Direct payment methods, you will find all information about the payment functionalities.

Recurring payments, tokenizations and pre-authorizations are possible with PostFinance Pay. You can also make refunds and partial refunds with PostFinance Pay.

Will the money from PostFinance Pay transactions be paid out regularly?

Yes, depending on the payout schedule that has been set, the money will be paid out to you as usually.

You can find more information on payouts here:

Payouts