TWINT "Pay later"
In this article, you will learn how TWINT's "Pay later" function works and how you can activate this feature as a Payrexx merchant.
The "Pay later" payment option allows TWINT users to decide at checkout whether to pay for their purchase immediately or within 30 days.
The new BNPL (Buy Now Pay Later) payment solution is a digital alternative to the traditional invoice purchase.
Process of a Payment with TWINT "Pay later"
The customer initiates a payment, selects TWINT as the payment method, and is redirected to the TWINT app. There, the options "Pay now" and "Pay later" are available. After logging in with the credit partner, the customer is taken to the payment overview. Once confirmed, the purchase is complete.
As a merchant, you can view the transactions made in your Payrexx account under Payments > Transactions.
Setting Up with Payrexx
To apply for TWINT "Pay later," the payment provider Payrexx Swiss Collecting must be set up.
Step 1: Activate TWINT
In your merchant administration, navigate to Payment Providers > Payrexx Swiss Collecting > Configure, and activate TWINT by checking the appropriate box:
Step 2: Apply for TWINT "Pay later"
Apply for the TWINT "Pay later" payment feature using the registration form on our website:
Once your request has been reviewed by our onboarding team and TWINT, you will receive a confirmation email from us.
The activation of TWINT "Pay later" can take 3–7 business days.
The TWINT "Pay later" payment method has been activated for your customers.
Non-Approved Merchant Categories
Not all merchants can use TWINT "Pay later." Merchants whose Merchant Category Codes (MCC) appear in the following list are excluded from TWINT "Pay later".
Category | MCC range | Category | MCC range |
---|---|---|---|
Airlines | 3000 - 3299 | Diverse services | 7273 - 7280, 7297, 7321, 7322 |
Car rentals | 3351 - 3441, 7512 - 7523 | Software, data processing | 7372, 7375 |
Hotels and lodging | 3501 - 3897 | Security companies | 7393 |
Transport services | 4011, 4112, 4214, 4411, 4457, 4511, 4722 - 4761, 4789, 4813 - 4900 | Casinos and gambling parlors | 7993 - 7995 |
Insurance services | 5960, 5962, 5963 | Fines | 9222 - 9311 |
Financial services | 6010 - 7012 | Digital goods | 5815 - 5818, 9411, 9950 |
Direct Marketing | 5964 - 5972 | Precious metals and stones | 5094 |
Political and religious organisations | 8398, 8399, 8641, 8651, 8661 | Courts and government services | 9211, 9399, 9401, 9405 |
FAQ
Last updated