We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. Hat da Samsung Pay eine Chance? The bank will also link its cards with Samsung Pay, the Android-based payment solution. With TWINT, making payments is easier when shopping online.With TWINT, you can send and request money conveniently and securely – from smartphone to smartphone.TWINT is the app of Swiss banks for payments and much more.Do you not have a terminal but still want to make it possible for your customers and employees to use TWINT as a means of payment? The purpose of the cookies is specifically to provide a statistical analysis of the use of our website in order to allow for improvements to be made. Swiss banks' categorical rejection, until recently, of payment providers such as Samsung and Apple Pay is likely one of the reasons that Switzerland's anti-trust office began investigating. The ability to send and receive money with Twint is a useful function which is not included in Apple Pay, Google Pay and Samsung Pay.Twint is also practical for online payments. Bern alleges that Swiss banks conspired to freeze out rivals, in a probe which led to office searches last year including at Twint, a homegrown payment solution. It is also possible to register several UBS Credit or Prepaid Cards on your smartphone. In this case, you must open the Twint app and scan the QR code displayed on the POS terminal to complete the transaction.Some businesses, including Coop supermarkets, are equipped with Twint Bluetooth beacons. With TWINT, you can, for example, make online … Auch Twint – by the way – könnte in Samsung Pay integriert werden. Online payments made easier. The Swiss bank is still negotiating with Google over the terms, the person said. There is a basic, prepaid Twint mobile wallet which can be used independently of any one bank or credit card. There have also been cases of delays in money transfers between Twint users.A major disadvantage of Twint compared to competing mobile wallets is that currently, it can only be used in Switzerland.The fact that Twint comes in many different versions is confusing, as is the fact that the payment process differs depending on where you use Twint to pay.Having to open the Twint app in order to make payments feels somewhat unintuitive compared to mobile wallets which are integrated into devices (like Apple Pay and Samsung pay) or operating systems (like Google Pay).Unlike Apple Pay, Google Pay and Samsung Pay, Twint cannot currently be used to pay outside of Switzerland.Technologically, Twint takes a very different approach to payments than its competitors. The news raises serious questions over the viability of Twint, Swiss-only payments push by banks and retailers in Switzerland. This system is widely employed by Swiss farm stalls, with over 1500 farm stalls in Switzerland – including many unmanned farm stalls – accepting this form of Twint payments.Twint can be used to pay at numerous Swiss businesses and online stores. 2. In your smartphone settings … You can add money to your prepaid Twint balance without identification.If you want to link Twint to a credit card or prepaid card, you must use a card issued by a Swiss card issuer.Twint can be used both on iPhones and on phones which run Android.

can be integrated into the smartphone, the greater this advantage … For example, parking meters in the City of Zurich accept Twint payments. These include direct linking to Swiss bank accounts, fast money transfers between Twint users, the ability to pay at many Swiss parking meters and farm stalls, and conformity … Wer an Schweizer Kassen mit dem Smartphone bezahlen will, kann zwischen verschiedenen Diensten auswählen. While Apple Pay, Google Pay and Samsung Pay all rely on NFC technology, Twint’s payment system is based on QR codes and Bluetooth. Data is a real-time snapshot *Data is delayed at least 15 minutes. Twint ist in der Schweiz das weit verbreitetste mobile Bezahlsystem und deutlich populärer als Apple Pay, Samsung Pay oder Google Pay. Ich habe übrigens Samsung-Pay auf meinem Handy bruteforce-mässig deaktiviert, abgeschossen und deinstalliert, da meine Kreditkarte von der Credit Suisse anscheinend ohnehin nicht unterstützt wird und die ständigen popups einfach nur nervten. HTC, Samsung, LG, Sony Xperia etc... BCGE Twint conditions. At all checkouts with the contactless payment function; Simply store your credit or prepaid card on your smartwatch via the app; Works in Switzerland … Diese Allianz ist mit ein Grund, weshalb sich Lösungen wie Apple Pay (im Markt seit Juli 2016), Samsung Pay (seit Mai 2017) oder auch Google Pay (aktuell noch nicht im Schweizer Markt) in der Schweiz schwertun, mehr als ein halbes Bein auf den Boden zu bekommen. The The moneyland.ch magazine provides accurate, unbiased information on topics related to finance and money. Why do customers use mobile payment? Here, TWINT, Apple Pay and Samsung Pay dominate the market. Twint offers a number of unique advantages over Apple Pay, Google Pay and Samsung Pay.

UBS, however, said on Thursday that they were unable to reach agreement with Apple Pay despite having offered several alternatives. Can I use UBS TWINT and Samsung Pay on my smartphone at the same time? UBS Twint can be linked to all Depending on your needs, using a bank-specific version of Twint may or may not be advantageous:Unlike Apple Pay, Google Pay and Samsung Pay, Twint cannot normally be linked to a The Twint app offered by UBS is an exception.
The Swiss mobile wallet Twint has been available to consumers in Switzerland for some years now.