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Swiss UBS Bank brings out Apple Pay for its customers

Thursday 20 August 2020 10:00 CET | News

UBS Bank has announced that its customers would now be able to use Apple Pay with both credit cards and prepaid cards.

In April 2020, the bank announced that Apple Pay support would be "coming soon," though it's likely that the ongoing coronavirus pandemic caused a delay in the program's launch.

Apple Pay saw slow adoption among the Swiss banking industry, until their boycott and reliance on a single mobile pay solution lead to antitrust investigations. Starting in 2016, Swiss banks slowly started moving away from "Twint," their home-grown mobile payment system of choice, and allowed Apple Pay for their customers. Most of the major banks had adopted Apple's service, with UBS being the exception.


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Keywords: UBS Bank, Apple Pay, Mobile Pay, e-wallet
Categories: Payments & Commerce
Companies:
Countries: Switzerland
This article is part of category

Payments & Commerce