TWINT
Whether it's at the supermarket checkout, a vending machine or online, paying with your smartphone will soon get even easier. This is made possible by TWINT, an app for iOS and Android. TWINT requires no credit or debit card, works independently of telecom providers and is available to everyone – regardless of whether they are a PostFinance customer.
Founded in summer 2014, TWINT AG is a subsidiary of PostFinance Ltd. Within a few months, Switzerland's first integrated payment and shopping app will be designed, programmed and brought to market. Swiss Federal Railways has entered into a strategic partnership with TWINT, making the TWINT digital wallet available for purchases at train stations. The startup company, based in Berne, employs almost ten staff members. Its CEO is Thierry Kneissler, a former member of the PostFinance Ltd Executive Board. The Chairman of the Board of Directors is Hansruedi Köng, CEO of PostFinance Ltd.