PayTec AG

What PayTec AG does

PayTec AG is a privately held Swiss payment solutions provider headquartered in Effretikon, Zürich, that supplies payment terminals, acquiring mediation, and ongoing service operations to small and medium-sized enterprises, with a secondary presence in Germany. Its product portfolio spans four terminal categories — mobile (Smart-POS N62, N86, N6s, N96, Classic-POS V3M2), stationary (Classic-POS V3CT3), cash-register integrated (Smart-POS CT20P, Classic-POS V3P3), and unattended/vending (N62 Vending, UN20, UPT1000F) — supported by an Android- and Linux-based terminal fleet and a proprietary ep2 Servicecenter software platform hosted in Switzerland that handles terminal operations, firmware updates, and customer portal reporting. The company exposes integration interfaces (KIT Cloud, KIT REST, KIT API) to POS manufacturers and vending solutions providers for embedding terminals into automated sales environments.

PayTec monetizes through a hybrid model: one-time hardware sales, monthly terminal rentals (Terminal-Abonnement), mandatory annual Basic+ service contracts covering software, hotline, and depot maintenance, pass-through acquiring transaction fees from a partner acquirer (36-month minimum term, Mastercard/Visa), and separately negotiated professional services. Distribution is split between direct sales via paytec.ch and dedicated Swiss and German phone lines, and a structured four-tier channel partner program (acquirers, resellers, POS manufacturers, vending solutions providers). Its target segments are Swiss SMEs in gastronomy, retail and services, branch/chain retail, unattended vending operators, and large enterprises with multi-location terminal fleets, with one publicly named customer (Sepp's Glace AG in unattended ice-cream vending). Pricing is quote-based and not publicly disclosed for most configurations; a Summer 2026 promotion offers 30% off terminals and subscriptions plus CHF 0 activation through August 31, 2026.

Name

PayTec AG

Legal name

PayTec AG

Website

https://paytec.ch

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

PayTec AG is a privately held Swiss payment terminal provider serving SMEs and vending operators with mobile, stationary, integrated, and unattended card terminals, bundled acquiring mediation, and recurring service subscriptions under its proprietary ep2 Servicecenter platform, with a secondary presence in Germany.

Ownership category

akta.pro rank

Product category

Payment Terminals

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Computer Terminals (3575), Services-Computer Rental & Leasing (7377)

akta.pro primary industry

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

akta.pro secondary industries

Card-Present Acquirers (Retail & POS Focus) (FSAMABAC), In-Store Contactless & NFC Acceptance (Tap-to-Pay, EMV Contactless) (FSAMADAF), EMV Chip, Magstripe & PIN Debit Acceptance (FSAMADAG), Merchant & Commercial Acquiring (POS/eCommerce acquiring for corporates) (FSABAIAH)

Keywords

• Payment terminals
• Card acceptance
• Payment acquiring
• POS integration
• Unattended vending payments

Headquarters

HQ city

Effretikon

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Hardware Sales: PayTec sells payment terminals (Classic-POS, Smart-POS, UPT, UN series) as one-time purchases. Prices are listed in CHF excluding VAT, with delivery and installation costs billed separately. A mandatory annual service contract (Serviceabonnement/Basic+) is required post-purchase.
2. Terminal Rental / Subscription (Abo): PayTec offers terminals on a monthly rental subscription model. The rental includes a Basic+ service package covering ep2 Servicecenter operation, firmware updates, 1st-level hotline, customer portal, and depot maintenance. The rental contract has a minimum term and auto-renews annually unless terminated with 3 months' notice.
3. Service / Operations Fees: Mandatory annual operational/service fees cover terminal software maintenance, ep2 Servicecenter hosting, and hotline support. Depot maintenance (device replacement) is included for attended terminals in certain service packages. Additional maintenance beyond depot scope is billed on a time-and-materials basis.
4. Payment Acquiring / Transaction Fees: PayTec acts as an intermediary (not acquirer) for payment acquiring services, connecting merchants with acquirers for Mastercard and Visa transactions. Transaction and processing fees are charged by the acquirer and are not the primary revenue stream for PayTec. PayTec binds customers to a specific acquirer for a 36-month minimum term.
5. Professional Services: PayTec offers installation, software development, and training services on a separately negotiated, fee-for-service basis.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

PayTec AG sells and rents payment terminals (mobile, countertop, cash-register integrated, and unattended/vending models) to Swiss SMEs and mediates acquiring contracts for Mastercard and Visa payments. The offering bundles the terminals with a proprietary ep2 Servicecenter software platform, customer portal, depot maintenance, hotline support, and integration interfaces (KIT Cloud/REST/API) for vending and POS systems, all delivered under direct sales and channel partner programs in Switzerland and Germany.

Product overview

PayTec AG provides an integrated payment ecosystem for Swiss SMEs encompassing payment terminals, payment processing (acquiring), and billing services from a single source. The product portfolio spans four terminal categories: Mobile terminals (Smart-POS N62, N86, N6s, N96, Classic-POS V3M2) for flexible mobile use; Countertop terminals (Classic-POS V3CT3) for fixed point-of-sale locations; Cash-register integrated terminals (Smart-POS CT20P, Classic-POS V3P3) for automated retail and hospitality workflows; and Unattended/Vending terminals (Smart-POS N62 Vending, UN20, UPT1000F) for 24/7 self-service environments. PayTec offers terminals via purchase or subscription models, bundled with the Basic+ service package covering ep2 service center operation, software updates, hotline support, customer portal, and depot maintenance. The unified platform connects terminals, integration interfaces (KIT Cloud, KIT REST, KIT API), and acquiring services through Swiss-hosted infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart-POS N62
• Smart-POS N86
• Smart-POS N6s
• Smart-POS N96
• Classic-POS V3M2
• Classic-POS V3CT3
• Smart-POS CT20P
• Classic-POS V3P3
• Smart-POS N62 Vending
• UN20
• UPT1000F
• Terminal Subscription (Terminal-Abonnement)
• Basic+ Service Package (Servicepaket Basic+)
• Depot Maintenance (Depotwartung)
• Customer Portal (Kundenportal)
• Terminal Simulator
• KIT Integration Interfaces (KIT Cloud, KIT REST, KIT API)

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Acquirer Partners (Mastercard & Visa)coreChannel Partner/ Reseller/ DistributorPayTec mediates acquiring contracts with specific acquirers (acquiring banks) for Mastercard and Visa payment processing. These acquirer partners enable PayTec to offer end-to-end payment solutions. The minimum term for an acquiring contract is 36 months, with early switching fees of CHF 250-300 per terminal ID. PayTec is explicit that it does not act as an acquirer itself.
• Reseller Partners (Wiederverkäufer)coreChannel Partner/ Reseller/ DistributorPayTec maintains a network of authorized resellers who distribute PayTec terminals to end customers in Switzerland. Resellers may provide local sales, integration, and support services. This partner channel extends PayTec's reach into the SME segment.
• POS System Manufacturers (Kassenhersteller)coreTechnology or IntegrationPayTec partners with cash register (Kassen) and POS system manufacturers to deliver integrated payment solutions. These partners embed PayTec's terminals and integration interfaces (KIT Cloud, KIT REST, KIT API) into their POS ecosystems, enabling automated payment flows for retail and hospitality customers.
• Vending Solutions Providers (Automatenlösungen)coreTechnology or IntegrationPayTec partners with vending machine operators and automated retail solution providers to deploy unattended payment terminals. Integration is via PayTec's KIT Cloud, KIT REST, and KIT API interfaces. This partnership enables 24/7 cashless payments in vending, parking, and self-service environments.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Verifone: Verifone is a global payment terminal manufacturer and solutions provider offering countertop, mobile, and unattended terminals. PayTec distributes terminals that compete in the same product categories, though Verifone operates at much larger scale and as a hardware manufacturer rather than regional reseller.
• SumUp: SumUp provides mobile card readers and POS solutions targeting small businesses across Europe, with strong presence in Switzerland and Germany. It competes directly with PayTec's mobile and countertop terminals for SME merchants, though via a more standardized, hardware-light approach.

Regional players

• Viseca Card Services: Viseca is a major Swiss card issuer and payment service provider offering acquiring and acceptance services to Swiss merchants. It competes with PayTec in Swiss merchant acquiring and payment acceptance, with strong brand recognition in Switzerland but limited geographic scope outside it.
• PostFinance: PostFinance is Switzerland's leading retail financial institution and offers payment acceptance and POS services to Swiss merchants. It competes with PayTec in the Swiss SME market, though as a state-affiliated bank with broader financial services rather than a specialized terminal provider.
• Cembra Money Bank: Cembra Money Bank is a Swiss consumer finance and payment services provider offering credit cards and payment solutions to Swiss merchants and consumers. While primarily a credit card issuer, it competes with PayTec in adjacent Swiss payment acceptance services.

Broad incumbents

• Stripe: Stripe is a global payment infrastructure provider with growing in-person payment capabilities through Stripe Terminal. While primarily known for online payments, Stripe Terminal competes with PayTec in the integrated POS and unattended payment space for digitally native merchants.
• Square (Block, Inc.): Square offers mobile card readers and integrated POS solutions for small businesses, with growing presence in Europe. It competes with PayTec's mobile terminal offering for SME merchants, differentiated by Square's full-stack software ecosystem and broader geographic reach.
• Adyen: Adyen is a global payment platform offering unified online, mobile, and in-person payment processing. While primarily known for enterprise and omnichannel payments, Adyen's POS terminal offerings compete with PayTec at the larger end of the Swiss market where merchants seek integrated omnichannel solutions.
• Worldline (formerly SIX Payment Services): Worldline is one of Europe's largest payment service providers and the dominant Swiss payment processor after acquiring SIX Payment Services. It directly competes with PayTec in Swiss merchant acquiring and POS terminal services, but operates at vastly larger scale with global geographic reach.
• Ingenico (part of Worldline): Ingenico is a global payment terminal manufacturer now integrated into Worldline, offering POS terminals across mobile, countertop, and unattended segments. Its product portfolio overlaps materially with PayTec's Smart-POS and Classic-POS ranges, though it serves a much broader geographic market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/paytec_ag
• Facebookfacebook.com/paytecag
• LinkedInlinkedin.com/company/paytec-ag

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PayTec AG