How does the Cyclem Piggy Bank work?

The Piggy Bank is the space that centralizes everything you need on the money side: your Cyclem wallet, your credits and your vouchers. It is accessible from your profile page.

What your Piggy Bank contains

  • your wallet: your sales earnings, ready to be withdrawn to your bank,
  • your credits: the credits and gifts you have,
  • your vouchers: discount vouchers and welcome vouchers.

So it is the Piggy Bank — no longer the wallet alone — that centralizes all your earnings.

Who manages the money in your Piggy Bank?

The wallet part (the actual money) is managed by Payrexx, a Swiss payment provider used by Cyclem to:

  • secure payments,
  • comply with legal obligations,
  • manage bank withdrawals.

Cyclem has no access to your money.

Why might verification be required?

Payrexx may request:

  • a Swiss (CH) IBAN,
  • an identity document,
  • identity verification,

to comply with Swiss regulations (anti-fraud and anti-money laundering).

Key points

✔ The Piggy Bank centralizes wallet, credits and vouchers
✔ Accessible from your profile page
✔ Payrexx manages the money and withdrawals; Cyclem never has access
✔ Verification required for withdrawals

Keywords: Piggy Bank, wallet, credits, vouchers, earnings, Payrexx, withdrawal

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