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Why does PEAX Payment not work with PostFinance?

The direct debit procedure is offered by Swiss banks, whereby exclusively bank accounts can be debited. Unfortunately, PostFinance accounts cannot be debited using the direct debit procedure. PostFinance has its own payment system; this will not be aligned with the system used by the banks until payment transactions are harmonised in 2018.

A suitable alternative here would be 'Advance payment'.

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