News about Twint.
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.
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.