Swissquote launches TWINT App to help eTrading account holders make payments easily and securely via smartphone.
The leading online trading platform Swissquote launches the TWINT application as a payment solution for its clients. Through the use of the Swissquote TWINT application, clients can make payments easily and securely via smartphones. With more than four million active users, TWINT is one of the most popular payment apps in Switzerland. According to Swissquote, the app will be available to all eTrading account holders for free.
Swissquote CEO Marc Bürki said the launch of Swissquote TWINT is the next logical step towards the company's goal of becoming the client's first bank in terms of mobile payments. He also expressed his pleasure to have TWINT as a strong partner.
"To register, Swissquote clients need to download the Swissquote TWINT app via the App Store or Google Play Store. After activating the app, they will automatically be guided through the registration process. Transactions with TWINT are free of charge for all eTrading-account holders, be it for POS or peer-to-peer transactions," the company added in the announcement.
On the other hand, the Swiss-based company has also significantly expanded its services. Therefore, it is not surprising that in 2021, Swissquote witnessed record growth in operating income reaching CHF479.6 million or an increase of 49% compared to the previous year.