Payment Transactions in Switzerland

The payments industry is changing. The Billing and Payments ecosystem from SIX has steadily established itself as a center of excellence for fast, reliable and secure payment solutions for the Swiss financial center. It aims to comprehensively cover the market's many different user groups and needs. It focuses on achieving maximum security, user friendliness and convenience – while requiring minimal investment from banks, invoicers and software partners. SIX generates synergies and economies of scale by bundling and standardizing payments infrastructure. In the process, we create an infrastructure for efficient, sustainable processes between financial institutions, service providers and consumers. 

Digital transformation allows for new approaches to invoicing. eBill and QR-bill are the payments solutions of the future. In an age of increasing digitalization, they are paving the way for service innovations. The aim of the Swiss financial center is to settle 60-80% of business-to-consumer invoices digitally from end-to-end and transfer them to eBill by 2028. SIX is working with the Swiss financial center to drive this process forward, taking the market’s many different needs into account along the way. With these innovations, we can ensure that payments in Switzerland are competitive and secure in the future.