August 19, 2025|
AI
|4 months agoSwiss payment app Twint reaches 6 million users milestone
Digital payment platform Twint achieves widespread adoption with over 6 million users in Switzerland, now accepted at 81% of physical stores and 84% of online retailers.
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Generated IllustrationKey Takeaways
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- Twint is owned by major Swiss financial institutions including BCV, PostFinance, Raiffeisen, UBS, ZKB, SIX and Worldline
- Twint was founded in September 2016
- 75% of Twint transactions are commercial in nature
- 25% of transactions are peer-to-peer money transfers
By The Numbers
6 million
Total users
81%
Physical store acceptance rate
84%
Online store acceptance rate
65%
In-store transaction percentage
They Said
"The new record underlines the increasing importance of mobile payment services in everyday life"