As of today, the TWINT app is available to clients of four further major Swiss banks: Credit Suisse, PostFinance, Raiffeisen and Banque Cantonale Vaudoise are introducing the payment app that allows for payments to be debited directly to the user's bank account. The TWINT apps of UBS and Zürcher Kantonalbank have already been available since April. This means that Switzerland’s six biggest banks are now offering their own TWINT app to clients.
Several Swiss banks have independently launched their own version of the TWINT app in the last few weeks. Clients of these banks can download the TWINT app of their principal bank at no charge and connect the TWINT app directly to their bank account, making topping up credit unnecessary. Banque Cantonale Vaudoise, Credit Suisse, PostFinance, Raiffeisen, UBS and ZKB were the first to launch their apps. Genfer Kantonalbank, Obwaldner Kantonalbank and Zuger Kantonalbank are also now on board with TWINT and offering the app to their clients.
The TWINT prepaid app is still available. In this TWINT app, credit can be topped up directly via a bank account at more than 33 regional and cantonal banks.*
With approximately 375,000 registered users and 270,000 transactions each month, TWINT is leading the way. In the past
quarter, transactions in the sum of some CHF 31 million were made via TWINT with an upward trajectory.
“In the coming months, new features are going to be developed and thousands of new acceptance points throughout Switzerland will be created. In doing so, we will further consolidate TWINT’s position as Switzerland’s digital wallet,” adds TWINT CEO Thierry Kneissler.
Now that Genfer Kantonalbank, Obwaldner Kantonalbank and Zuger Kantonalbank have launched their TWINT apps, the merger of Paymit and TWINT is complete. Accordingly, Paymit services are no longer available. Customers have been informed.
*In the prepaid TWINT app, credit can be topped up at the following banks:
Aargauische Kantonalbank, acrevis Bank, AEK Bank 1826, Alpha RHEINTAL Bank, Baloise Bank SoBA, Bank BSU, Bank Cler, Bank EEK, Bank EKI, Bank Gantrisch, Bank SLM, Bank Sparhafen Zürich, Basellandschaftliche Kantonalbank, Basler Kantonalbank, BBO Bank Brienz Oberhasli, Berner Kantonalbank, Bernerland Bank, Bezirks-Sparkasse Dielsdorf, EKR Ersparniskasse Rüeggisberg, Graubündner Kantonalbank, Hypothekarbank Lenzburg, Luzerner Kantonalbank, Regiobank Solothurn, SB Saanen Bank, Schaffhauser Kantonalbank, Spar- und Leihkasse Bucheggberg, Spar- und Leihkasse Frutigen, Sparkasse Schwyz, St.Galler Kantonalbank, Thurgauer Kantonalbank, Valiant Bank, VZ Depotbank, WIR Bank.
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