About us

Kafeemaschine vor schwarzer Wand mit weisser Schrift verschnörkelt

With TWINT, you can make convenient and secure payments with your smartphone – at the cash register in a supermarket, in an online shop, when shopping at a farm shop, on public transport, when parking, or when transferring money to your friends. With more than four million registered users, TWINT is the leading payment app in Switzerland.

Our vision

At TWINT, we believe that innovation should make our lives better and enhance the way in which we live together. And that it should help us to focus on the things that really matter: The experiences that move us. The people who are close to us. The business that we are passionate about. Everything that allows us to move forward together.

That’s why we work constantly to make everyday life easier, ensuring that payments and everything related to them can be integrated smoothly into our lives, so we no longer have to worry about a thing. So that each and every one of us can make more of the moment.

On both a small and large scale. For ourselves, for others and for the whole of Switzerland.

Our history

In September 2016, the merger of the two Swiss payment apps Paymit (UBS, Six and various banks) and TWINT (Postfinance) was officially entered into the commercial register. What is now known as TWINT AG has existed since September 2016 and has become more well-known among the Swiss public in recent years. An ever-increasing number of new merchants, acceptance points and users has transformed the company into one of the most popular payment brands and most frequently used apps in Switzerland.

September 2016

Merger of the former companies Paymit and TWINT to create the present-day TWINT AG

April 2017

UBS and ZKB become the first banks to launch their own TWINT apps with direct connections to their customers’ accounts.

October 2017

500,000 registered customers

May 2018

Worldline becomes a TWINT shareholder

June 2018

Launch of the QR code solution for Small Business Solutions

August 2018

Parking fees can now be paid for using TWINT

November 2018

Markus Kilb replaces Thierry Kneissler as CEO of TWINT

August 2019

Launch of the Donate function in the TWINT app

January 2020

2 million customers

May 2020

Launch of the first TWINT+ function

November 2021

4 million active users

November 2021

GLKB is the 20th bank to launch its own TWINT app. This means that approximately 90 percent of all bank account holders in Switzerland now have the opportunity to connect their accounts directly to the TWINT app.

The TWINT team celebrates its fifth birthday!

Facts

At present, more than 200 million transactions are processed every year with the TWINT app. This is double the number recorded in the previous year.
The majority of these transactions are commercial payments. One-third of these transactions are payments among friends and family members (P2P).
There are currently more than 4 million active TWINT users.
Thousands of new customers register every day.
Ninety-seven percent of the Swiss population are aware of TWINT.
Half of the Swiss population uses TWINT on a regular basis.