Bitcoin Suisse, a crypto-financial service provider based in Zurich, has entered into a partnership with a European payment firm, Worldline, to unlock instant Bitcoin (BTC) and Ethereum (ETH) payments for 85,000 merchants in Switzerland.
According to a press release shared by Worldline, the integrated service known as WL Crypto Payments, enables merchants to allow payments in Bitcoin (BTC) and Ethereum (ETH) at the point of sale and e-commerce. The service will have over 85,000 merchants onboard.
The report reads in part as follows:
“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.”
How Merchants Will Leverage the New Service
Going by the press release, merchants can simply download the WL Crypto Payments mobile app or conveniently install the Worldline payment plugin for their webshop.
Clients that choose cryptocurrency as a means of payment can do so via their usual crypto mobile application.
The new service will protect merchants from volatility risks in the market as the crypto transaction is securely converted into Swiss Francs as soon as payments are made.
Reacting to the new development, the CEO of Worldline Switzerland, Marc Schluep, said:
“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.”
Arthur Vayloyan, Bitcoin Suisse CEO, also said:
“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.”