The contactless transaction limit in Switzerland and Liechtenstein is to be temporarily increased from 40 francs (US$41.60) to 80 francs (US$83.21) “in order to protect customers”... More
Mobile payment service Twint has been launched in Switzerland, marking the completion of the merger between PostFinance’s Twint and financial infrastructure operator SIX’s Paymit platforms... More
The five largest banks in Switzerland are in talks with financial infrastructure operator SIX and retail giants Coop and Migros over the launch of a common solution for mobile payments “across all channels” that can be “rapidly spread” across the country. More
News in brief from the NFC world and beyond: Getyoo pings Belgacom • Mobey Forum expands • Clear2Pay goes to South Africa • Facebook takes the credit • Vancouver to go contactless • …and Philadelphia to follow • Airtel Money launch • CreditCall’s EMV ticketing kernel. More
More than 90% of the participants in a small scale Swiss trial say they will use NFC when it becomes commercially available. More
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