Business · Companies · 3 hrs ago
Swiss cash industry group seeks to keep notes and coins in use
Bargeld Schweiz is seeking support to keep cash available across Switzerland.
The association was founded in May 2025 and is now trying to raise its public profile and attract individual members.
Its members include cash logistics and banknote production companies, and Loomis operations chief Ernesto Zimmermann chairs the group.
Cash is legal tender in Switzerland, while shops and other parties can agree with customers not to accept it.
Cash use has declined as digital payments have become more convenient and habits have changed, prompting the Swiss National Bank to raise concerns about the cash infrastructure.
The group says cash supports access and choice, including for people who may not use digital payment services.
It also argues cash can help keep payments running when digital systems fail.
The association wants the cash payment system to remain available to everyone, but no next steps beyond its outreach efforts are stated.
The Swiss cash industry group Bargeld Schweiz is seeking to keep cash available and usable in the country.
The association says cash should remain accessible to everyone and preserve people’s freedom to choose how to pay.
Its members include companies involved in cash logistics and banknote production.
The group is seeking broader support, including membership from private individuals.
Cash use has declined as digital payment options have become more convenient and payment habits have changed.
- Who
- Bargeld Schweiz, an association led by Loomis operations chief Ernesto Zimmermann.
- What
- It is seeking to keep cash available and usable in Switzerland and to broaden its support.
- When
- The association was founded on 6 May 2025 and is now seeking to raise its public profile.
- Where
- Switzerland.
- Why
- It says keeping cash available preserves choice, access and resilience in the payment system.
This story does not have two clearly opposing sides.
Bargeld Schweiz was founded.
Voters accepted the counterproposal to the cash initiative.
finews.ch reported that the association wants to increase its public profile and attract broader support.
- Association
- Bargeld Schweiz
- Founded
- 6 May 2025
- Chair
- Ernesto Zimmermann, Loomis head of operations and chief operating officer
- Cash logistics members
- Loomis and Cima
- Banknote-related members
- Orell Füssli Security Printing, Landqart, Sicpa and Koenig & Bauer
- Voter decision
- The counterproposal to the cash initiative was accepted in March 2026
What people are saying
Every person is required to accept up to 100 Swiss circulation coins as payment.
Swiss banknotes must be accepted by every person without limit as payment.