Mobile Payments

Twint Integrates Cumulus, Supercard and Co

Switzerland’s payment app continues to promote digital shopping innovations and is integrating loyalty cards such as Coop Supercard and Migros Cumulus directly into the payment process. TWINT has grown to become one of the preferred payment methods and one of

Read More

SNB Study: Results of the Swiss Payment Methods Survey

In spring 2023, the Swiss National Bank conducted its second payment methods survey of companies in Switzerland. Around 1,750 companies, across all sizes, language regions and industries, participated in this survey on payment method topics. In-depth knowledge of these topics

Read More

Apple Claims Expanding Reach in Finance with 12M Credit Card Users and US$10B in Savings Balances

Apple has been steadily expanding its foothold in the financial services industry, with new data released by the company revealing more than 12 million users of its Apple Card credit card product, and US$10 billion in total balances in Apple

Read More

PPRO Appoints new CCO and CMO

PPRO, a leading digital payment platform based in London, has announced the appointment of two senior leader. Eelco Dettingmeijer as Chief Commercial Officer and Mariette Ferreira as Chief Marketing Officer. These strategic hires come at a time when PPRO is

Read More

Giesecke+Devrient Steps Up Stake Ownership in Netcetera to 95%

Giesecke+Devrient (G+D), headquartered in Munich, has increased its ownership in the software firm Netcetera to 95%. This move, completed in January 2024, marks a strategic enhancement of G+D‘s offerings in digital payment and banking solutions. Building on its initial announcement

Read More

New SNB Study Reveals Critical Role of Card Schemes and Banks in the Contactless Payment Usage

Financial intermediaries, including card schemes and issuing banks, are playing a critical role in the use and promotion of new payment methods in Switzerland. A 2023 research by the Swiss National Bank (SNB) revealed that the rules and standards set

Read More

6 Payments Trends to Watch in 2024 According to Visa

The payments industry is nothing, if not constantly changing. And 2024 promises to bring its fair share of change. Visa identified 6 payment trends to watch in 2024, such as the return of leisure travel and the rise of AI.

Read More

Payrexx Secures First Series A Investment

Payrexx AG is starting its Series A financing round: INS Holding AG is supporting the Swiss online payment platform for SMEs with an amount of around CHF 2.5 million. The resources will be used to improve the existing offering and

Read More

Visa Payment Monitor Schweiz 2023

Wenn es um Geld geht, greifen Konsumenten in der Schweiz immer häufiger zum Smartphone. Das zeigen die Ergebnisse der dritten Auflage des Schweizer Visa Payment Monitors in Zusammenarbeit mit forsa. Laut der repräsentativen Onlinebefragung unter 1000 Menschen in der Schweiz

Read More

SumUp Secures €285 Million Funding Round Amidst Global Fintech Fluctuations

SumUp, a London-based fintech company with German and Swiss origins, has recently raised approximately €285 million (around US$307 million) in growth funding. This funding comes at a time when the fintech market is experiencing notable fluctuations, making SumUp’s successful capital

Read More