Digital payment systems briefly disrupted in Switzerland & More News Here

An individual makes use of the Twint cashless payment system through app on a smartphone. © Keystone / Christian Beutler

Electronic payment systems throughout a wide range of platforms skilled a quick disruption on Saturday. The outages affected banking providers and digital payment apps.

This content material was printed on June 4, 2022 – 16:42

swissinfo.ch/ds

The providers of Swiss financial institution UBS and Raiffeisen, together with bank card firm Visa, had been amongst these affected. The outage blocked card funds in retailers, on-line funds and entry to ATMs and e-banking.

The payment app Twint and PostFinance, the banking arm of the state-run Post Office, additionally skilled technical issues. The trigger was not reported in their social media assertion on the subject.

UBS payment troubles had been concentrated in German-speaking Switzerland. The scenario was reportedly again to regular by 2 pm.

Switzerland has a excessive degree of e-commerceExternal hyperlink and does effectively in international digital competitiveness rankings.

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