Partnership Announcement

Swiss crypto broker Bitcoin Suisse has teamed up with the European payment giant Worldline to enhance the acceptance of crypto payments throughout Switzerland. This exciting collaboration, revealed on November 8, promises to reshape the way both consumers and merchants think about digital currencies.

The Scope of Change: 85,000 Merchants at Your Doorstep

With this new initiative, approximately 85,000 merchants within Switzerland will gain access to crypto payment services, thanks to Worldline’s comprehensive payment infrastructure known as SIX Payment Services. Talk about bringing crypto to the corner store!

The Transformation of Transactions

• In-Store and Online: Merchants will be able to accept cryptocurrencies in both their physical and online spaces, making it easier than ever to cater to a growing customer base eager to pay in digital assets.
• Seamless Integration: The integration process has been designed to offer an effortless experience for sales staff and consumers alike, ensuring that no one must jump through hoops to complete a purchase.

No Conversion Risk for Merchants

One major concern for businesses has been the volatility tied to cryptocurrency conversions. However, according to Marc Schluep, the CEO of Worldline Switzerland, this partnership mitigates those worries completely. “Through the cooperation with Bitcoin Suisse, merchants can benefit from an entirely new offering without taking any conversion risk,” he explained. This game-changing aspect allows merchants to focus on what they do best: serve customers, without fearing the whims of the crypto market.

Merchants Get Paid in Swiss Francs or Euros

When it comes to settling transactions, merchants will be rewarded in their preferred fiat currency, either Swiss francs or euros. No need to explain the intricacies of crypto wallets to everyone in the store! Furthermore, transaction data will be fully integrated into merchant reports, making bookkeeping a breeze.

Eyeing Europe: What’s Next?

This partnership isn’t just big news for Switzerland; Worldline has plans to expand this cryptocurrency payment capability across Europe in the future. Who knows, your favorite coffee shop in Paris may soon accept Bitcoin while you sip on your café au lait!

Context: The Growing Crypto Landscape

As the crypto landscape continues to evolve, other players, such as the Swiss cryptocurrency bank SEBA, are also making waves. Having recently opened its doors to professional investors, the momentum in Switzerland is palpable. With Bitcoin Suisse and Worldline leading the charge in payment acceptance, we are witnessing a pivotal shift in consumer behaviors and merchant offerings.