During the payment process, users select TWINT as their payment method and the payment is then debited directly via TWINT – without the need to enter any credit card details or other data using their smartphone in the provider’s payment environment.
This solution is absolutely perfect for subscription models, the purchasing of public transport tickets and making quick payments for small purchase amounts.
First merchants already live
This solution is already being used by individual merchants. And it is now also to be applied in the Migros app: ‘I am delighted that thanks to the integration of TWINT even more customers will be able to enjoy the benefits of mobile payments using the Migros app,’ says Fabrice Zumbrunnen, Migros CEO. Thierry Kneissler, TWINT CEO, adds: ‘We are pleased that we have been able to take an initial step with the integration of the solution in the Migros app. Together, we want to expand the partnership during 2018.’
It will now also be possible to pay conveniently with TWINT for tickets in the ‘ÖV Plus’ app of BERNMOBIL and in the ‘BLS Mobil’ app. Daniel Hofer, Head of Passenger Transport at BLS: ‘For us, the integration of TWINT is a useful addition to the existing payment options. Using TWINT, it is even easier to buy tickets for the whole of Switzerland via the BLS Mobil app.’
Further providers, especially in the area of public transport, are to be added during the course of the year. Discussions are also in progress with Swiss Federal Railways (SBB) with a view to integrating TWINT as a payment method.
TWINT rounds off offering
The new solution for mobile shopping supplements the e-commerce offering of TWINT, the area in which TWINT is generating the most growth (in excess of 600% more transactions in the past eight months). TWINT is thus strengthening its offering for users and merchants, providing simple solutions for several payment situations from a single source.
TWINT is the most convenient e-commerce payment solution
It is already possible to pay with TWINT in more than 1000 online shops in Switzerland – without a credit card and the associated entry of card details, but with direct account debiting. These include some of Switzerland’s biggest shops: Digitec, coop@home, Ticketcorner, Microspot and Brack.ch. TWINT is already the most convenient payment solution in the area of e-commerce. Thierry Kneissler, TWINT CEO, says: ‘The payment stage is the critical point during online shopping: it is at this very point that many customers back out of a purchase. After all, the entry of card details, which they may not have to hand at that very moment, is time-consuming. TWINT means that users don’t need to enter these details and is thus the quickest payment method. You don’t even need a credit card.’
Further information on this topic:
- Video: example of the new solution with ‘BLS Mobil’
- Video: just how easy it is to use TWINT in the area of e-commerce
- Interview with Digitec CEO Florian Teuteberg: ‘TWINT is currently the most convenient payment method for online purchases'
TWINT Media Department
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