Worldline, Bitcoin Suisse accepts crypto in Switzerland

[ad_1]

Merchants in Switzerland can now accept cryptocurrencies as a means of payment for goods and services, following an agreement between one of Europe’s leading payment providers, Worldline, and the pioneer of finance and Swiss Bitcoin cryptographic technology.

In a press release announcing the launch of the omnichannel payment solution on Thursday, August 19, Worldline Switzerland CEO Marc Schluep said the company wants to bring tangible value to merchants around the world and facilitate smooth, modern payments on all the markets where we operate in.

The integrated service, called WL Crypto Payments, was first announced in November 2019 and was followed by a successful pilot program led by both companies. Today, the service will support the expansion of crypto adoption at point of sale (POS) and e-commerce gateways in Switzerland, in particular for the Worldlines network of more than 85,000 Swiss merchants.

Business owners can accept Bitcoin and Ether as a payment option, paid for through customers’ mobile-crypto-wallet app. Customers will have the option to convert the merchant quoted price from Swiss Franc to either virtual currency, and the merchant will receive instant confirmation when the encrypted payment is made.

According to the release, traders will be protected from volatility as the crypto transaction is securely converted to Swiss francs right after payment confirmation.

Read more: Worldline, Toshiba’s partner on the hybrid payment kiosk

In June, PYMNTS reported on Worldlines’ efforts to provide shoppers with a secure and seamless checkout experience, as well as to help retailers optimize store layouts and increase processing capacity.

This was done through a partnership with Toshiba Global Commerce Solutions, a global market leader in retail store technology, and unveiled the Pro-X hybrid kiosk to the market with payments processed through the Worldline LANE / 3000 terminal.

——————————

NEW PYMNTS DATA: 58% OF MULTINATIONAL COMPANIES USE CRYPTO-CURRENCY

By the way: Despite price volatility and regulatory uncertainty, a new study from PYMNTS shows that 58% of multinational companies are already using at least one form of cryptocurrency, especially when transferring funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, polling 500 executives examines the potential and pitfalls that crypto faces as it becomes part of the mainstream financial sector.

[ad_2]