global payment guide


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Transaction processing time
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Available payment networks

Switzerland, known for its precision in many facets of life, extends this meticulousness to its payment processing services. As a prominent global financial center, this Alpine country offers a variety of payment methods tailored to the needs of its residents, citizens, and businesses. 

However, nonresidents often encounter challenges in opening traditional bank accounts in Switzerland. In this context, platforms like WeavePay play a crucial role, providing accessible and efficient alternatives for handling financial transactions. This guide will delve into the complexities of the Swiss payment system, highlighting opportunities for businesses navigating this sophisticated financial landscape.

Payment Method in Switzerland

Some of the payment methods available in Switzerland include 

Bank Transfers

Switzerland's robust banking system favors traditional bank transfers, a common choice for residents and businesses. Seamless online banking services provided by Swiss banks facilitate domestic and international transactions. However, nonresidents often face challenges opening accounts, especially for international transactions. Platforms like WeavePay address this gap, offering accessible solutions for non-residents to navigate the Swiss banking landscape and initiate secure and reliable transactions.

Credit and Debit Cards

Credit and debit cards are widely embraced in Switzerland, making transactions smooth and efficient. It can be used for making and receiving payments offline and online purchases. Major international card networks such as Visa, Mastercard, and American Express are commonly accepted, especially in urban areas and tourist destinations. 

Card payment can be used for online payment services, especially for online businesses that accept online payments. Some companies may also make corporate debit cards available to their employees. Contactless payments have gained popularity, offering a quick and secure way to purchase at various establishments.

Mobile Banking and Digital Wallets

Swiss residents are increasingly adopting mobile banking apps and digital wallets. Leading Swiss banks provide user-friendly mobile applications that empower individuals to manage their finances. Digital wallets, like TWINT, enable users to make payments when they provide their payment information using their smartphones, contributing to the nation's reputation for technological advancement and efficiency.

E-commerce Platforms and Online Payments Method

Switzerland boasts a thriving e-commerce landscape, and online shopping has become commonplace. Major international platforms and local websites offer various payment options and alternative payment methods. A secure online payment processing ensures that consumers can trust the digital transaction environment, fostering a vibrant e-commerce ecosystem.

Payment network used in Switzerland

Here are the best payment networks used in Switzerland


TWINT is a Swiss mobile payment solution that revolutionizes transactions through smartphones. Enabling both peer-to-peer transfers and seamless in-store or online payments. TWINT offers versatility in a digital payment landscape. Its integration with Swiss banking apps enhances accessibility, allowing users to link their TWINT accounts with their bank accounts. 

Security is paramount, with robust encryption and authentication measures ensuring users' financial information protection. Embraced for its ease of use and contactless payment capabilities, TWINT has become a popular choice for both residents and visitors in Switzerland. With collaborations leading to loyalty programs and discounts, TWINT continues to contribute to Switzerland's reputation for technological innovation in the financial sector.

The basic transaction fee of TWINT is about 1.3% of the transaction amount.


PostFinance is the financial services arm of Swiss Post, offering a comprehensive range of banking and payment solutions in Switzerland. As a widely trusted financial institution, PostFinance provides traditional banking services such as savings accounts, payment accounts, and loans. Users can access their accounts through online banking or mobile apps, ensuring convenient and efficient financial management. 

PostFinance also issues payment cards, allowing for seamless in-store and online transactions. The institution's reach extends to international banking, offering services like international bank transfers. With a commitment to security and innovation, PostFinance remains a prominent player in Switzerland's financial landscape, catering to the diverse needs of individuals and businesses while upholding the country's reputation for financial stability and precision.

WeavePay, Your Right Choice

WeavePay is an international payment partner that can help you control your payment process and achieve a competitive advantage. At weavePay, we meet the customer's demands for a great experience. We understand the customer's needs; customers want quicker, easier, and more secure payment options. We are capable of meeting such needs. Other benefits of making WeavePay your payment partner include:

  • 30+ currencies
  • 24/7 access to cash
  • 48 hour onboarding
  • Personalized, human support

Check if you qualify for an account today.