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    Paymit

    News about Paymit.

    Twint goes live in Switzerland

    April 4th, 2017

    Mobile payment service Twint has been launched in Switzerland, marking the completion of the merger between PostFinance’s Twint and financial infrastructure operator SIX’s Paymit platforms. “Over the coming weeks, the Swiss banks will make their own Twint apps available independently of one another and link up to the system,” Twint says. “The first bank apps (UBS Twint and ZKB Twint) will be released in April.” The launch was expected in January 2017, but was delayed due to the “complexity of the system”, Finews reports.

    Swiss banks and retailers to launch joint mobile payments solution

    April 1st, 2016

    The five largest banks in Switzerland are in talks with financial infrastructure operator SIX and retail giants Coop and Migros over the launch of a common solution for mobile payments “across all channels” that can be “rapidly spread” across the country. More

    Swiss P2P payments service moves in-store with QR codes

    March 3rd, 2016

    Shoppers in Switzerland can now make in-store mobile payments using Paymit, the P2P transfer service established by the country’s financial infrastructure operator SIX and telecommunications provider Swisscom. The in-store functionality is being piloted with select merchants… More

    Swiss banks add support for Paymit mobile payments

    January 25th, 2016

    Paymit, the P2P transfer service set up by Switzerland’s SIX, UBS and Zürcher Kantonalbank, has added support from three more banks ahead of its launch as an in-store mobile payment solution in February 2016. Obwalden, St.Gallen and Zug will join the six other financial institutions already supporting the service. Paymit has been downloaded 170,000 times since launching in May 2015.

    SIX and Swisscom partner with banks for national mobile payments service

    August 6th, 2015

    Switzerland’s financial infrastructure operator SIX and telecommunications provider Swisscom have partnered with a number of banks in the country to establish a nationwide mobile payments service that would enable consumers to make in-store mobile payments… More