Worldline 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.”
Worldline is the European leader in the payments and transactional services industry and #4 player worldwide. With its global reach and its commitment to innovation, Worldline is the technology partner of choice for merchants, banks and third-party acquirers as well as public transport operators, government agencies and industrial companies in all sectors. Powered by over 20,000 employees in more than 50 countries, Worldline provides its clients with sustainable, trusted and secure solutions across the payment value chain, fostering their business growth wherever they are. Services offered by Worldline in the areas of Merchant Services; Terminals, Solutions & Services; Financial Services and Mobility & e-Transactional Services include domestic and cross-border commercial acquiring, both in-store and online, highly-secure payment transaction processing, a broad portfolio of payment terminals as well as e-ticketing and digital services in the industrial environment. In 2020 Worldline generated a proforma revenue of 4.8 billion euros.
About Bitcoin Suisse AG
Founded in 2013, Bitcoin Suisse is the Swiss crypto-finance and technology pioneer and market leader. Bitcoin Suisse has helped to shape the crypto and blockchain ecosystem in Switzerland and has been a driving force in the development of the ‘Crypto Valley’ and ‘Crypto Nation Switzerland’. As a regulated Swiss financial intermediary, Bitcoin Suisse offers prime brokerage, trading, custody, lending, staking, payments and other crypto-financial services for private and institutional clients. Bitcoin Suisse has built a team of over 250 highly qualified experts at its locations in Zug, Copenhagen, and Liechtenstein.