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No, VISA has recently managed to kill Maestro and is taking over. Even the Swiss post bank is now issuing visa debit cards instead of the previous Postfinace ca
by sschueller 4y ago
No, VISA has recently managed to kill Maestro and is taking over. Even the Swiss post bank is now issuing visa debit cards instead of the previous Postfinace cards which only worked in a limited number of ATMs.
- Cederfjard 4y agoAlso, Maestro is a Mastercard brand.
- eps 4y agoIn Switzerland it's still possible to buy things online and pay by an enclosed invoice. Twint is a local digital payment system and it is universally accepted, both online and offline.
- sschueller 4y agoTwint takes 2% from vendors. This is also why you can't generate a code to have your friend pay you but instead have to enter their phone number since those transactions are free. In 1-2 years we will have instant IBAN payments, I wonder how long until there is a fee for that as well which is currently free just takes a day.