Worldline and Bitcoin Suisse Are Bringing Cryptocurrencies to the Swiss Market

Online and in-store businesses in Switzerland are soon going to receive cryptocurrency payments, as the Bitcoin Suisse operating crypto financials has partnered with the payment company Worldline. The announcement has been made on Friday, and it says that the two financial players will leverage the SIX Payment Services infrastructure. This means cryptocurrency enthusiasts have something to be happy about, seeing they’ll be able to spend their bitcoins in shops all over Switzerland.

SIX Payment Has Signed with Bitcoin Suisse

French SIX Payment Services used to belong to the Swiss stock exchange conglomerate providing card payment terminals in more than 85,000 retail businesses in Switzerland. The company now wants to have its infrastructure hooked up with cryptocurrencies. An intent external link letter between Bitcoin Suisse and SIX Payment Services has been signed, saying that bitcoin will be converted into Swiss francs and used for retail payments.

Pilot Project for 2020

This partnership is only in its early stages and supposed to happen in 2020. The date at which is going to take effect still needs to be determined. The two financial companies must wait and see which merchants are going to come on board. If the project will be a success, Worldline has announced to provide its services to other European markets.

The Future of Worldline – Bitcoin Suisse Partnership Looks Promising

The plan looks like it’s going to take shape as the largest online retailer in Switzerland, which is Digitec Galaxus, has partnered up with Datatrans, the e-payment company, and Coinify, to accept cryptocurrencies as payments. Aside from this, the Dolder Grand luxury hotel has adopted the Swiss Inapay system. This means it allows cryptocurrencies payments.

Amid Schmid, Crypto Tokens CEO, Trusts the Deal

The CEO of the Crypto Tokens, which is a Bitcoin Suisse division, says that crypto payments in the retail sector will very likely start as e-payments. The same Armin Schmid, who is a former employee of PayPal and Swiss Payment Services, thinks that Worldline’s involvement is of great importance and that retailers will want to take cryptocurrency payments. He also stated that the service fees will be soon defined and that they shouldn’t be more than what’s being charged to accept payment by card.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Oana Ularu
Oana Ularu
Curious about what’s going on with all the money in the world, Oana is bringing you the latest news in the crypto world. She’s aware of the fact that you need to know everything that’s happening on the financial scene in order to play the cryptocurrency market, so you can count on her to share with you every little detail on what matters.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today