Accepting POWERPAY as a merchant
POWERPAY is a Swiss purchase on invoice service, operated by MF Group AG in St. Gallen for invoice and instalment payment processing, online and in store. The shopper receives the invoice from POWERPAY rather than from the merchant, as a single invoice by email after dispatch or as a monthly invoice, and can pay it in full or in part. It is offered only for orders with merchants located in Switzerland, to shoppers resident in Switzerland or Liechtenstein. For a merchant the first question is not the fee but who holds the receivable, because MF Group offers both a factoring model with purchase of the receivable and servicing models.
Published prices for POWERPAYPer provider, country and channel, further down this pageGo to the pricesHow to accept POWERPAY as a merchant
POWERPAY is contracted with MF Group. MF Group connects through plugins for the common shop systems, among them Shopify, WooCommerce, Shopware, PrestaShop, Magento and JTL Shop. Or you connect it through a PSP: wallee documents a POWERPAY processor for invoices handled by MF Group, and states that a contract with MF Group must be signed first, with test and live credentials issued through MF Group's onboarding portal.
Two settings on that route need attention before go-live. The shopper must accept MF Group's terms before an invoice purchase can be completed, and wallee notes that the configuration to show and require them is disabled by default. And an invoice that carries a company name is treated as B2B, so offering both B2B and B2C needs credentials for both.
Model
POWERPAY is a credit account, not a payment rail
POWERPAY completes a credit check before the order is placed, and MF Group states that the buyer is identified in real time by address, payment card or smartphone. MF Group then invoices the shopper. No card scheme, issuer or acquirer sits in that chain, so there is no interchange and no scheme fee to pass through.
On the shopper's side the invoice becomes an account. A single invoice can be paid in full or in part, and an unpaid remainder moves to the monthly invoice. POWERPAY states that 12% yearly interest is charged on the overall balance when the shopper pays in instalments, that each monthly invoice carries an administration fee of CHF 2.90, and that reminders are always sent by post.
On the merchant's side finality depends on the model you sign. Under factoring MF Group buys the receivable. Under a servicing model it runs individual services such as invoicing, and the contract decides who carries a shopper who does not pay.
Where POWERPAY is used and sold
POWERPAY is offered only for orders placed with merchants located in Switzerland, and it refuses shoppers who are not resident in Switzerland or Liechtenstein. POWERPAY states that as a rule it does not issue invoices for amounts under CHF 5.00.
MF Group offers purchase on invoice across POS, web and mobile, and states that it was the first provider to let shoppers pay in store with only their address. At the point of sale that is an invoice purchase without a card, outside your terminal estate, so it needs its own reconciliation. On the merchant's request MF Group bundles all purchases onto one invoice, which suits a retailer whose shoppers buy both online and in store.
Pricing
Neither MF Group nor its PSP route publishes a price
MF Group does not publish a merchant rate for POWERPAY, and in the index the wallee row carries No price published. The price is set in your contract with MF Group and depends on the model: a factoring fee pays for the purchase of the receivable, a servicing fee pays for the invoicing work. Whether the default risk moves with the receivable is a contract term to read, not an assumption.
Take an order of 160 euro. At an illustrative factoring fee of 2.9% it costs 4.64 euro. At an illustrative servicing fee of 1.2% it costs 1.92 euro. The difference of 2.72 euro per order is not a saving until you know what you write off on the invoices you keep.
These rates are illustrative, not published prices, and the quoted rate decides what you actually pay. Have MF Group quote both models on the same volume, so the comparison is made on your order values.
Risk
Factoring or servicing: your write-off rate decides
Take 4 million euro of invoice turnover a year at an average order of 160 euro, so 25,000 invoices. At the illustrative 2.9%, factoring costs 116,000 euro a year. At the illustrative 1.2%, servicing costs 48,000 euro, plus whatever you write off on shoppers who do not pay.
The difference is 68,000 euro, or 1.7% of the invoice turnover. If your write-offs on invoice stay below 68,000 euro a year, servicing is the cheaper model; above it, factoring is, provided the factoring contract moves the default risk with the receivable. Your own collection history gives that figure. Cash belongs in the same comparison: where the receivable is not sold, your money arrives when the shopper pays, and the contract has to say who funds a balance that a shopper repays in instalments.
Contract
POWERPAY learns of a return only from you
POWERPAY states that it is responsible for invoicing only and has no access to return processing or delivery information. A full return reaches it as a cancellation notice once the merchant cancels the order, a partial return as a correction notice from the merchant. A shopper paying in instalments still owes the stated minimum amount, and the invoice is adjusted in the next billing cycle.
So the notice from your system is the only thing that stops an invoice for goods that came back. Until it arrives, the invoice stands, and POWERPAY sends its reminders by post. Put in writing within how many days a notice must reach MF Group, how a correction is settled against an amount MF Group has already paid you, and whether reminder fees charged in the meantime are reversed.
The address is the authorisation
A POWERPAY decline has no issuer behind it. POWERPAY lists the reasons a purchase on invoice is refused: the shopper is not of legal age, is not resident in Switzerland or Liechtenstein, cannot be found at the address given, has an insufficient account limit, is in arrears, or wants to use a c/o address. It does not give these reasons by telephone, for data protection reasons.
Three of those six depend on what your checkout form collects. An address that cannot be matched, a c/o line or a billing address abroad all end in a decline that looks like a credit decision. A company name field matters as well: wallee treats an invoice with a company name as B2B, and notes that without a B2B configuration the method may not be displayed. Measure the authorisation rate on POWERPAY by decline reason where your PSP reports it, and fix the address fields before the rate.
Which payment providers support POWERPAY
In the index, wallee offers POWERPAY to merchants established in Switzerland. On that route a contract with MF Group is still required, and you can also contract MF Group directly and connect through its shop system plugins.
The questions to put are the same on both routes: factoring or servicing, who carries the default risk, when MF Group pays out, how a cancellation or correction notice is settled, and whether B2B invoices are covered by the credentials you hold.
Retail Payment Methods Transparency Index
Published prices for POWERPAY, per provider
One provider in the index offers POWERPAY to merchants established in Europe, and it publishes no price.
Each rate is shown as the provider prints it, and the provider's name links to the page it was read on. A published rate is a list rate: what a merchant actually pays is stated in the quoted rate and the contract.
The country where your business is established and from which you sell.
| Provider | Per transaction | Channel |
|---|---|---|
| wallee Merchants in Switzerland | No price published | Online |
Source: EcomStream, Retail Payment Methods Transparency Index, ecomstream.eu/payment-methods-transparency-index. Read at source between 22 September 2026 and 22 September 2026. A provider that believes a row is wrong can write to index@ecomstream.nl. Every reported correction is checked at the source.
Reviewing what POWERPAY costs you
What you pay for POWERPAY is set in your agreement with MF Group, not by a scheme. Start by establishing whether you are overpaying your PSP, and if purchase on invoice carries a material share of your Swiss volume, price factoring and servicing side by side before you renew.
Relevant markets: Switzerland, Liechtenstein
Payment set-up check
Selling to shoppers in Switzerland? Let's check what POWERPAY adds to your PSP costs.
Enter your webshop. The check sets your checkout against what shoppers in each of your markets expect, and names the gaps. If you want, it then calculates what those gaps cost you in euros.
Ramon Helwegen
