Twint has no fees for the customer and you can send each other money as well. The Vendor pays around 2% Visa has higher fees not for the customer but for the v

Twint has no fees for the customer and you can send each other money as well. The Vendor pays around 2% Visa has higher fees not for the customer but for the vendors. It's specifically a problem in Switzerland where the "Maestro" bank cards are being replaced with Visa Debit which is being pushed by the banks. The benefit for the custom is they can use those visa cards online but the fees at the store for the vendor are up to 260 times higher. [1] [1] https://www.srf.ch/news/schweiz/neue-debitkarten-visa-und-mastercard-schroepfen-kmu-betriebe https://www.srf.ch/news/schweiz/neue-debitkarten-visa-und-ma...