Switzerland moves towards cashless future with instant payments

Switzerland moves towards cashless future with instant payments …C0NTINUE READING HERE >>>

The Swiss National Bank said the instant payments system was a ‘commitment to the future of cashless payments’.
Photo: FABRICE COFFRINI / AFP/File
Source: AFP

Switzerland’s new instant payment system will bolster the future of cashless payments in the country, the Swiss central bank said Wednesday after the scheme went live.

The Swiss National Bank said around 60 financial institutions were now able to receive and process instant payments, covering more than 95 percent of Swiss retail…

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