Worldline and Bitcoin Suisse launch WL Crypto Payments in Switzerland
Aug 19, 2021 - 2 min read
Zug/Zurich, 19 August 2021 – Today Worldline [Euronext: WLN] and Bitcoin Suisse announce the go-live of their omnichannel crypto payment solution for the more than 85’000 Swiss merchants in the Worldline network. Now all merchants in Switzerland using the Worldline point-of-sale and e-commerce payment services can let their clients pay in Bitcoin and Ether as easily as with other traditional payment options.
As the largest and most popular cryptocurrency in the world, Bitcoin has gained wide interest in recent years. Now thanks to the collaboration between Worldline, the European leader in the payments and transactional services industry, and Bitcoin Suisse, the Swiss market leader in crypto-financial services, payments with cryptocurrencies become widely available for merchants and their customers in Switzerland.
The integrated service offered by Worldline and Bitcoin Suisse, named WL Crypto Payments, lets merchants accept Bitcoin and Ether as a payment option at the point-of-sale (POS) and in e-commerce. Merchants can easily download the WL Crypto Payments mobile app or conveniently install the Worldline payment plugin for their webshop. Clients paying with crypto may do so through their usual mobile crypto wallet application. Prices shown by the merchant in CHF, can be, upon selection by the customer, alternatively quoted in Bitcoin or Ether in real time, paid for with crypto, and get confirmed to the merchant instantly. WL Crypto Payments enables merchants to offer payments with cryptocurrencies without being exposed to volatility risks, as the crypto transaction is securely converted into Swiss Francs straight after payment confirmation. Merchants benefit further by settlement in Swiss Francs and pay-out processes bundled with other payment options, like credit cards.
The crypto payments collaboration between Worldline and Bitcoin Suisse was first announced in November 2019. The rollout to all Worldline merchants in Switzerland was preceded by a successful pilot program.
Worldline Switzerland CEO Marc Schluep commented: “The launch of cryptocurrencies acceptance at the POS in Switzerland is a great proof of our ambition: Worldline wants to bring tangible value to merchants across the globe and to facilitate smooth and modern payments in all the markets we operate in. We’re happy to collaborate with Bitcoin Suisse on this forward-looking project.”
Bitcoin Suisse CEO Dr. Arthur Vayloyan added: “This is a historic milestone for crypto adoption in Switzerland and beyond. It is a great pleasure working together with Worldline to bring user-friendly crypto payments to the market in Switzerland. This step proves once again that Switzerland is a leader in collaborative innovation and a pioneer in the crypto and blockchain industry.”
Video on simple payment in crypto currencies: WL Crypto Payments