Worldline and Bitcoin Suisse to Revitalize Swiss Point of Sales with Crypto Usage
Brian Njuguna Nov 12, 2019 06:15
Worldline, a top European company in the payments and transactional services industry, has struck a deal with Bitcoin Suisse, a notable Swiss crypto financial services firm, to present crypto payment services to Swiss consumers and merchants both in-web shops and in-store.
Worldline, a top European company in the payments and transactional services industry, has struck a deal with Bitcoin Suisse, a notable Swiss crypto financial services firm, to present crypto payment services to Swiss consumers and merchants both in-web shops and in-store.
This partnership is daunted as the most ambitious project to happen in Switzerland as it seeks to integrate cryptocurrencies into the primary Swiss retail sector. Expressly, the cooperation is intended at leveraging Bitcoin Suisse’s crypto payment abilities and Worldline’s payment service system to propel cryptocurrency usage for transaction purposes in Switzerland.
Through a letter of intent, Bitcoin Suisse will serve as a go-between, whereby it will convert bitcoin into Swiss francs needed in the payment of goods and services. The collaboration is still at infant stages because the pilot project is set for 2020.
The CEO of Bitcoin Suisse, Dr. Arthur Vayloyan, noted: “Our partnership with Worldline is a major step forward on the journey to bring crypto payments into broader adoption. Bitcoin Suisse is proud to serve as the processor of cryptocurrencies in Worldline’s payment service system. We applaud them for their pioneering spirit in taking this monumental step and pointing the way forward for others.”
On the other hand, Worldline’s CEO, Marc Schluep, stipulated: “As a market leader we have a reputation for introducing latest payment functionalities that enhance the customer journey as well as boost efficiency and profitability for our merchants. Through the cooperation with Bitcoin Suisse, merchants can benefit from an entirely new offering without taking any conversion risk.”
It is fronted by encouraging crypto payments in Switzerland; adoption will be encouraged.
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