Red and orange inpayment slips will be discontinued as of 30 September 2022. Why? What alternatives will you have?
In a January press release, PostFinance announced its decision to withdraw inpayment slips. This decision was made to bring payment methods in line with international standards and to digitise Swiss payments.
Throughout the transition period, you will be able to pay your bills via inpayment, QR-bill or eBill services. These new payment methods will soon be available from our e-banking service and our mobile app.
In the meantime, you can save time when making inpayments by using the inpayment scan feature on our mobile app.Find out more
The phasing out of traditional inpayments and introduction of new payment methods raises questions, and we’ve provided some answers below.
What are inpayment slips?
An inpayment slip is a means of payment offered by PostFinance and used in Switzerland to pay bills. These slips are attached to most invoices issued in Switzerland.
There are two types of inpayment slips:
- Red inpayment slips (bulletin de versement, commonly abbreviated as BV) are used to make a direct payment to the recipient’s account. They are often filled out by hand
- Orange inpayment slips (bulletin de versement avec numéro de référence, commonly abbreviated as BVR) are inpayment slips filled out automatically by the invoice issuer. At the time of payment, only the amount and reference number are sent to recipients for automated payment processing
Why are inpayment slips being phased out?
The Swiss financial system is harmonising its payment methods in line with ISO 20022. The goal is also to reduce the number of processes and align with an international standard.
ISO 20022 is the new international standard for electronic data exchange between financial institutions. This standard is playing an increasingly important role worldwide, in Europe and in Switzerland.
To harmonise processes and reduce costs, the management committee of Postfinance SA decided to discontinue inpayments on 30 September 2022.
How will I pay my bills without inpayment slips?/h3>
You can make your payments using inpayment slips until September 2022. Between now and then, we will be offering you new means of payment, such as QR-bills and eBills.
What are QR-bills?
QR-bills are a more modern payment method that will replace inpayment slips. You can recognise QR-bills by their Swiss QR Code. This code contains all relevant information needed to make payments easy, automatic and efficient.
- Invoicing in CHF and EUR
- One QR code for all types of payment and reference
- Data digitised for more efficient processing and monitoring of payments
- Better data quality thanks to a greater amount of more precise information in standardised form
- Payment references automated end to end, from initiating party to recipient
QR-bills also work like a payment slip (payment section and receipt). For example, they can be paid at the post office counter or ATM, or sent to the bank in an envelope as a payment order.
What are eBills?
eBill is the electronic bill for Switzerland. With eBill, you no longer receive your bills by post or email. They are delivered securely, directly in your e-banking account. You can easily check them and approve them immediately for payment.Find out more