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April 24, 2017updated 18 May 2017 11:05am

UBS rolls out mobile payment app Twint

By Douglas Blakey

Swiss banking giant UBS has launched a new mobile banking app, dubbed UBS Twint, in Switzerland.

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The free app, which is now available in the Apple App Store and Google Play Store, is ideal for people with a UBS account or a Swiss credit card of any kind.

When a user will pay with UBS Twint, the amount will be debited directly to from the bank account. The app will also allow users to save any Swiss credit or prepaid card.

With this payment solution, users can make payments at Coop and Interdiscount, Selecta vending machines and at online shops such as Digitec, Brack, Microspot and Galaxus.

Twint said that the app will also be launched by various other Swiss banks, including BCV, Credit Suisse, PostFinance and Raiffeisen during this summer.

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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