From 30 June 2020, digital banking applications in Switzerland must allow easy payment of bills with QR codes. All banks that requested the new functionality in digital and mobile banking from market leader CREALOGIX introduced the QR bill standard early on. This function comes as standard in the latest version of the Digital Banking Hub. CREALOGIX customers can also create QR bills using the software and therefore gain a competitive advantage.
There is a large number of payment slips in circulation in Switzerland. In order to simplify and standardise payments, payment slips will be replaced gradually by the QR bill standard from mid-year onwards. CREALOGIX integrated the application into its digital and mobile banking at an early stage: Instead of having to enter data manually, bill recipients can simply scan them in. They can do this both with a QR code reader on their smartphone and with the PayEye reader from CREALOGIX. "With PayEye, corporate and retail customer can wirelessly record up to 1000 bills per battery charge. This makes accounting departments much more efficient. We are especially proud of the stylish limited Raiffeisen Edition," says Daniel Weckmann, Head of Retail Banking at CREALOGIX.
Create QR bills in digital banking
All Swiss CREALOGIX customers who requested the function have already implemented QR bill and it is included in the latest release of the Digital Banking Hub. Furthermore, companies can use the software solution to generate their own QR codes with their invoice data. Companies whose business software is not QR bill-ready can implement the entire process with the CREALOGIX Digital Banking Hub. Invoices can be sent by e-mail or printed out and sent by post.
Pascal Dürr, customer channels manager at Raiffeisen Switzerland comments:
"For Raiffeisen, the needs of bank customers are always at the centre of attention. Thanks to our long-standing digital and mobile banking partner CREALOGIX, we were able to offer our customers the convenient payment of their bills by QR code with their smartphone and at their desktop at an early stage.”
A pioneer in easy payments
By integrating the QR bill generation function into its offering, CREALOGIX aims to help the new functionality achieve rapid adoption and to further advance the digitalization of banking in Switzerland. Daniel Weckmann at CREALOGIX:
"Bank customers can only use the functionality if billers adopt the standard. However, as we have integrated the option of creating invoices into our software, our corporate banking clients gain a significant competitive advantage; they allow companies to implement the new process quickly and flexibly without having to set up their own software development projects.”
More information about Payeye here
