Business · Companies · 20 hrs ago

Worldline launches mobile payment terminal in Switzerland

Worldline launches mobile payment terminal in Switzerland

Worldline has launched the miniPOS Cube in Switzerland, targeting market stalls, food trucks, caterers and mobile service providers.

The compact terminal accepts common cards and digital wallets, with Twint built directly into the device.

Its battery is intended to last a full working day, and it can optionally ask customers for a tip before payment.

The terminal costs 89 francs with a charging station, and Worldline says there are no monthly base or setup fees; merchants pay when they process a transaction.

The launch comes as more than 76% of Swiss retail transactions are digital, according to Worldline, while some existing payment options can require ongoing costs or extra equipment.

Worldline already dominates Switzerland’s payment-terminal market, where fees have drawn criticism, and the Swiss National Bank has warned about concentration in payment services.

The new terminal is now being offered in Switzerland, but no further rollout plans are stated.

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Bernhard LachenmeierManaging Director of Worldline Switzerland
Small and mobile businesses in particular need solutions that work without complex infrastructure.
via finews.ch