Payrexx is a cloud-based multichannel commerce platform that enables small and medium-sized enterprises to accept a variety of payment methods, including Visa, Mastercard, and ApplePay, through a single integration without the need for multiple contracts. This solution simplifies the payment process for businesses, enhancing transaction efficiency and reducing operational complexity.
Funding
$2.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) often face complexity and high costs when trying to accept various online payment methods. Integrating multiple payment gateways requires separate contracts and technical integrations, leading to increased operational overhead.
Solution
Payrexx is a cloud-based, multi-channel commerce platform that consolidates various payment methods, such as Visa, Mastercard, giropay, and ApplePay, into a single integration for SMEs. The platform eliminates the need for multiple contracts, streamlining the payment acceptance process. Payrexx offers solutions for online stores, phone/email payments, in-store payments, and even donation collection. It provides plugins for popular e-commerce platforms and tools for creating payment links and invoices.
Target Audience
Payrexx primarily targets small and medium-sized enterprises (SMEs) across various industries, as well as non-profit organizations, start-ups, and public institutions.
Features
- Unified platform supporting Visa, Mastercard, TWINT, PostFinance, and other payment methods
- Plugins for Shopify, WooCommerce, Shopware, and Magento for easy online store integration
- Tools for creating and sending payment requests via link or QR code
- Virtual terminal for accepting payments over the phone or on-site via tablet or mobile
- Donation form functionality for online and offline fundraising
- White-label payment gateway option for platforms and marketplaces
- API for direct payment triggering from custom systems
- Recurring payment support for subscriptions and donations
- Payouts to IBAN accounts
- Fraud prevention measures