PayLens /Companies

TWINT

A2A scheme · Wallet operator

SwitzerlandSwitzerlandFounded 2014
Headquarters
Zürich, CH
Website
twint.ch

What it does

Operator of Switzerland's domestic mobile payment scheme, owned by the major Swiss banks together with SIX and Worldline. TWINT sets the scheme rules and runs the infrastructure linking bank-issued wallets to merchants in store and online, while merchant acceptance and settlement are handled by the acquirers and payment service providers that integrate the scheme.

Deals

  • May 2016·acquired by SIX and five Swiss banks — The five largest banks, SIX, Coop, Migros and Swisscom agreed on a common Swiss mobile-payment solution at the end of May 2016. The Swiss competition commission (WEKO) cleared it on 9 September 2016, after which development and operation of TWINT and Paymit moved into TWINT AG, with share capital held one third each by PostFinance, SIX and the banks Credit Suisse, Raiffeisen, UBS, BCV and ZKB. Users of both apps migrated to the new TWINT from mid-January 2017. PostFinance's own history page states TWINT was founded as a PostFinance subsidiary in summer 2014 and merged with Paymit in 2016.
1tracked executive
Who runs it

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Source: company filings and website·Data as of 28 Sep 2026·Report wrong information·All 155 companies