Digital private bank Alpian announced that it is now a Principal Member of Visa, allowing the company to issue its exclusive metal debit card in Switzerland.
The pairing of the metal debit card with a multi-currency current account (CHF, EUR, GBP and USD) and real-time foreign exchange capabilities with no handling fees gives Alpian clients a cost-effective way to facilitate their everyday banking needs.
As a member of the Visa network, Alpian’s debit card is accepted in over 200 countries and regions and at more than 100 million merchant locations worldwide.
The official initiation of the partnership follows the granting of a full Swiss banking license from FINMA and the successful completion of a Series B+ financing round of CHF 19 million.
Both milestones have enabled Alpian to launch its services to select members of its waitlist, with a launch to the general public of Switzerland planned before the end of 2022.
Schuyler Weiss, CEO of Alpian commented,
“The capabilities, sophistication, and stability of the Visa enterprise enables Alpian to deliver just that in its card offering.
Visa has been one of Alpian’s most long-standing and trusted partners, and we are excited to take our next steps with them by our side.”
Santosh Ritter, Country Manager Switzerland & Liechtenstein, Visa stated,
“We are very much looking forward to see the first Alpian-issued Visa debit cards in the Swiss market and to continue helping them in providing innovative services for all regions of Switzerland.”