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by Fintechnews Switzerland
December 8, 2023
London based mostly Digital Fee Answer supplier PPRO has built-in Swiss fee methodology Twint onto its platform. Processing over 386 million transactions in 2022 alone, Twint is the popular approach to pay for greater than half of the Swiss inhabitants and it has change into an important alternative for on-line retailers seeking to attain Swiss shoppers.
In response to PPRO analysis, the Swiss e-commerce market is at present valued at US$14 billion and is projected to succeed in US$22 billion by 2027. With over 5 million energetic customers, Twint has gained important traction in Switzerland, and now accounts for nicely over half of cellular fee transactions within the nation*. By offering Swiss shoppers with their fee methodology of alternative, fee service suppliers and retailers can guarantee a extra seamless and environment friendly checkout expertise, which positively impacts conversion charges.
Adrian Burgess, Head of Fee Partnerships, EMEA at PPRO, mentioned:
“We’re thrilled to have the ability to supply Twint as a part of our portfolio. Fee service suppliers and retailers globally can now entry this important Swiss fee methodology in a market the place mobile-first ecommerce is seeing spectacular progress. Our partnership will unlock the complete energy of the US$14 billion Swiss e-commerce marketplace for our clients, and open up the remainder of Europe for Swiss shoppers.”
Adrian Plattner, Chief Gross sales Officer at Twint, mentioned:
“Twint’s purpose is to make our customers’ lives simpler every day. Our collaboration with PPRO as a connecting platform will allow many worldwide retailers from a various vary of industries to supply Swiss clients their favourite cellular fee methodology at checkout. Which means that much more shoppers and retailers profit from straightforward, quick and safe funds by way of Twintf.”
Featured picture credit score: edited from Freepik
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