From 30 June 2020, the QR-bill is going to make issuing and paying invoices easier. Make the necessary preparations now as the invoice issuer or recipient so you are ready in time. What companies and associations need to know about the QR-bill and the changeover.
The QR-bill will enable efficient, automated payments, and is being introduced throughout Switzerland. It contains all payment information in the QR code with payment references that can be used universally. The QR-bill is a SIX Interbank Clearing Ltd product, and will replace the red and orange inpayment slip.
Perfectly equipped to read QR-bills: the QR reader PayEye (PostFinance edition) verifies Swiss QR codes with clicks and transfers them into the financial software or into e-banking. PayEye functions via Bluetooth, WiFi or USB-C.
In future you will be able to create QR-bills yourself and print them out on white paper. PostFinance will provide you with a QR generator from 30 June 2020.
PostFinance and Swiss Post will be able to process QR-bills from 30 June 2020. However, in order to do so successfully, the invoice issuer will need to have implemented the QR-bill correctly in line with implementation guidelines. As an invoice recipient too you will need to make the necessary arrangements in good time. How to make the switch successfully.
Make the necessary preparations now as an invoice issuer so that from 30 June 2020, you are able to process QR-bills with your software and hardware.
First, contact your software partner, who will provide you with all the necessary information about the software update. Is it your own software you’re working with? If so, please ensure that this is technologically capable of paying QR-bills.
On our QR-bill test platform, you can test modifications in ISO messages, and create and check documents. Under the menu item “Overview of all documents”, you will find all additional information on the switch to QR-bills.
If you do not use any software to manage your accounts payable and instead pay your bills via e-finance, you do not need to make any preparations. We will ensure that e-finance supports entering QR-bill payments when they are introduced.
Check whether your readers, scanners and printers are ready for the changeover. Get in touch with your hardware partner.
Make the necessary preparations now as an invoice issuer so you are ready to process QR-bills from 30 June 2020. By doing so, you can guarantee the lawful, secure and fully-automated processing of your bills.
First, contact your software partner, who will provide you with all the necessary information about the software update. If you are using your own piece of software: ensure this is ready for QR-bills and that your software can receive and process camt notifications.
On our QR-bill test platform, you can test modifications in ISO messages, and create and check documents. Under the menu item “Overview of all documents”, you will find all additional information on the switch to QR-bills.
Existing customers (ISR) will be assigned a QR IBAN by PostFinance at the end of June 2020. If you already have one or more ISR subscriber number(s), PostFinance will automatically open an equivalent number of virtual accounts for you with the same settings as for the ISR subscriber numbers.
Using PostFinance SmartBusiness? The accounts receivable and accounts payable solution will be able to process QR-bills from 30 June 2020.
The QR-bill comes in three types.
For domestic payments in CHF/EUR including Liechtenstein with a structured reference (previously ISR reference).
For domestic payments in CHF/EUR including Liechtenstein with a structured reference.
For domestic payments in CHF/EUR including Liechtenstein without a reference.
