4 ms·
At the moment Apple Pay have only two supporting banks: Swiss bankers and Corner. Now that Twint and Paymit are merging, they have most major banks and shops (C
by krolley 10y ago
At the moment Apple Pay have only two supporting banks: Swiss bankers and Corner. Now that Twint and Paymit are merging, they have most major banks and shops (Credit Suisse, Postfinance, Raiffeisen, UBS, ZKB, Migros, Coop, Swisscom) behind them, so I think Apple will struggle. Also, unlike other markets I think Switzerland has a very low usage of contactless payments. I rarely see anyone use them but maybe that will change with the rise of Twint (e.g putting little Twint signs next to every terminal).
- needusername 10y agoEven at the current state Apple Pay is outperforming Twint and Paymit combined. In a few weeks Apple Pay will have surpassed the combined Twint and Paymit volume. In a year or two it will become obvious that Twint and Paymit are going nowhere and everybody will offer Apple Pay. At least one big issuer besides Cornèr already supports Apple Pay but hasn't rolled it out yet for political reasons. Until then, vote with your wallet, cancel your credit card, get a CornèrCard or derivative like BonusCard. At the end of the day, it doesn't really matter who your issuer is.