On 30 June 2020, the QR-bill was introduced in Switzerland: it comes in plain black and white with an unmissable QR code and will replace the current orange and red inpayment slips after a transition period. What benefits will it have? The new QR-bill code will modernize and simplify payment transactions in Switzerland. The key questions and answers for everyone who uses the QR-bill as a private individual are provided here.
Six questions and answers about the new QR-bill
Have you received a QR-bill yet – digitally or in a letter? It is immediately recognizable by the prominently positioned QR code. Here are the six most important questions and answers for you as a private individual.
Question 1: How/where can I pay the new QR-bill?
Basically, nothing really changes for you. You can pay the QR-bill by the same methods you have used to pay red and orange inpayment slips in the past – digitally, by post or at the counter.
- By computer with e-banking
- Via the mobile banking app on your smartphone
- By standing order
By letter mail
By payment order in an envelope
At Swiss Post branches or by post
- At the counter in Swiss Post branches
- At terminals for paying invoices independently
- Via the home delivery service
Question 2: Will I benefit from the QR-bill?
The QR code can be read very easily by digital means. The practical benefits of the QR-bill will become clearly apparent when you scan it in via the PostFinance App on your smartphone. It is a very quick and easy process.
Question 3: Is a scan function essential to pay the QR-bill in e-banking?
No. All payment-related data is printed in text form next to the QR code. This means you can also open the payment screen in e-banking and enter the data manually.
Question 4: When I scan the QR code, will the invoice amount also be copied into e-finance?
If it is included in the QR code then it will be copied in. The invoice amount and the invoice recipient details do not have to be given, however.
Question 5: Can I still pay invoices without a preprinted inpayment slip which only shows the bank details necessary for the payment?
This is still possible. However, QR-bills are more convenient for both parties: the invoice issuer has less manual work to do and gets a better overview of their (outstanding) incoming payments. And for the recipient, it is easier to scan the QR code than it is to type in the bank details.
Question 6: Who is actually responsible for the launch of the QR-bill?
SIX Interbank Clearing Ltd developed the new QR-bill for the Swiss financial center and is responsible for it.