# TWINT

> Source: https://docs.barcoder.ai/docs/wallets/twint
> research date 2026-05-29 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [TWINT — official](https://www.twint.ch/)

## Overview

**TWINT** is **Switzerland's #1 mobile payment app + Swiss bank-consortium A2A wallet** <sup>[1][1], [2][2], [Switzerland report](https://docs.barcoder.ai/docs/payments/CH)</sup>. **Mid-2025 baseline**: **6+ million users** (over half of Switzerland's 8.8M population).

**TWINT acceptance** <sup>[3][3]</sup>:
- **81% of Swiss bricks-and-mortar shops**
- **84% of Swiss online shops**
- **Surpassed Apple Pay + Google Pay** as Switzerland's most popular mobile-payment solution

**Usage pattern** <sup>[2][2]</sup>:
- **75% of TWINT transactions are commercial** (purchases at merchants)
- **~65% of commercial tx happen on-site** (physical retail)
- **1 in 4 transactions = P2P money transfer between private individuals**
- **Frequently used at checkout + public transport tickets + parking**

**March 2025 — TWINT named Switzerland's strongest brand** per **BrandAsset Valuator study** <sup>[4][4]</sup>.

**Swiss bank-consortium model**: TWINT is owned by **major Swiss banks** — distinctive vs Big-Tech mobile wallets (Apple Pay, Google Pay). Mirrors Bahraini BENEFIT, Polish BLIK, Swedish Swish, Norwegian Vipps, Spanish Bizum, Italian Bancomat Pay bank-consortium models.

## History

**2014 — Twint AG founded** by **PostFinance** + UBS + Credit Suisse + Raiffeisen + Zürcher Kantonalbank + other Swiss banks (Twint + Paymit standards merged 2016).

**2016 — Twint + Paymit merged** as unified Swiss bank-consortium standard.

**2017-2024 — Mass Swiss adoption** <sup>[2][2]</sup>: Multi-million-user growth.

**Mid-2025 — 6M+ users + 81% bricks-and-mortar + 84% online shops + Apple Pay/Google Pay surpassed** <sup>[3][3]</sup>.

**March 2025 — Switzerland's strongest brand** per BrandAsset Valuator <sup>[4][4]</sup>.

## Ownership & operator

**Operating entity**: **TWINT AG**.

**Major shareholders (Swiss bank consortium)**:
- **PostFinance** (Swiss Post's bank)
- **UBS** (post-Credit Suisse takeover)
- **Raiffeisen Switzerland**
- **Zürcher Kantonalbank (ZKB)**
- **other major Swiss banks**
- **SIX Group** (Swiss financial-market infrastructure)

**Regulators**: **FINMA (Swiss Financial Market Supervisory Authority)** + **SNB (Swiss National Bank)**.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | TWINT mobile app (iOS + Android) + merchant QR + online checkout |
| **Identifiers** | Phone + QR + IBAN |
| **CH rail** | **[TWINT](https://docs.barcoder.ai/docs/standards/twint)** (Swiss bank-consortium A2A) |
| **Account model** | Swiss bank-consortium A2A (uses IBAN bank-direct via consumer's banking-app authorization) |
| **Merchant acceptance**: 81% bricks-and-mortar + 84% online shops |
| **License** | Payment system + bank consortium (FINMA + SNB) |
| **Distinctive Big-Tech displacement**: Surpassed Apple Pay + Google Pay in CH |

## Users & growth

**Mid-2025 baseline** <sup>[1][1]</sup>:
- **Users**: 6+ million (over half of Switzerland's 8.8M population)
- **Bricks-and-mortar shops acceptance**: 81%
- **Online shops acceptance**: 84%
- **Usage**: 75% commercial / 25% P2P; ~65% of commercial on-site
- **March 2025**: Switzerland's strongest brand (BrandAsset Valuator)

## Use cases

Swiss merchant payments (81% bricks-and-mortar + 84% online); checkout + public-transport tickets + parking (frequently); P2P money transfer (25% of tx); Swiss bank-consortium A2A IBAN-direct; supersedes Apple Pay + Google Pay in CH.

## Implementations & partners

**Operator**: **TWINT AG** (Swiss bank consortium).

**Major shareholders**: **PostFinance + UBS + Raiffeisen Switzerland + Zürcher Kantonalbank + other major Swiss banks + SIX Group**.

**Major Swiss mobile-payment competitors (surpassed by TWINT)**:
- **Apple Pay** (Big-Tech rival)
- **Google Pay** (Big-Tech rival)
- **Samsung Pay** (smaller CH share)

**Major comparable European bank-consortium A2A wallets**:
- **[Bizum](https://docs.barcoder.ai/docs/standards/bizum)** (Spain bank-consortium A2A)
- **[Swish](https://docs.barcoder.ai/docs/wallets/swish)** (Sweden bank-consortium A2A)
- **[MB Way](https://docs.barcoder.ai/docs/wallets/mb-way)** (Portugal bank-consortium A2A)
- **[BANCOMAT Pay](https://docs.barcoder.ai/docs/standards/bancomat-pay)** (Italy bank-consortium A2A)
- **[BLIK](https://docs.barcoder.ai/docs/standards/blik)** (Poland bank-consortium 6-digit code)
- **[Vipps MobilePay](https://docs.barcoder.ai/docs/wallets/vipps-mobilepay)** (Norway + Denmark + Finland; Vipps MobilePay)
- **[Wero](https://docs.barcoder.ai/docs/standards/wero)** (EPI pan-European unified wallet)
- **[iDEAL](https://docs.barcoder.ai/docs/wallets/ideal)** (NL national A2A → Wero transition)

**Regulators**: **FINMA + SNB**.

## Fun facts

- **Switzerland's #1 mobile payment app** — 6+ million users (over half of Switzerland's 8.8M population).
- **March 2025 — Switzerland's strongest brand** per BrandAsset Valuator study.
- **Surpassed Apple Pay + Google Pay** in Switzerland — distinctive Swiss-bank-consortium win against Big-Tech wallets.
- **81% bricks-and-mortar + 84% online shops** Swiss acceptance.
- **2014 founding** by Swiss bank consortium (Twint + Paymit merged 2016).
- **75% commercial / 25% P2P transaction split** — distinctive Swiss usage pattern.
- **Owners include PostFinance + UBS + Raiffeisen + Zürcher Kantonalbank + SIX Group**.

## Comparison

| Feature | TWINT | [Bizum](https://docs.barcoder.ai/docs/standards/bizum) (Spain bank-consortium A2A rival) | [Swish](https://docs.barcoder.ai/docs/wallets/swish) (Sweden bank-consortium A2A rival) | [BLIK](https://docs.barcoder.ai/docs/standards/blik) (Poland bank-consortium 6-digit code rival) | [Wero](https://docs.barcoder.ai/docs/standards/wero) (EPI pan-European unified wallet) |
|---|---|---|---|---|---|
| Operator | **TWINT AG (Swiss bank consortium: PostFinance + UBS + Raiffeisen + Zürcher Kantonalbank + SIX Group + others)** | Sociedad de Procedimientos de Pago (Spanish bank consortium) | Getswish AB (6-bank Swedish consortium) | Polski Standard Płatności (PSP; Polish 6-bank consortium) | EPI Company |
| Type | **Swiss bank-consortium A2A mobile wallet (CH #1 mobile-payment)** | Spanish bank-consortium A2A | Swedish bank-consortium A2A | Polish national bank-consortium A2A + 6-digit code | Pan-European EPI A2A unified wallet |
| Country | Switzerland | Spain | Sweden | Poland | DE + FR + BE + LU + NL (transition) |
| Users | **6M+ (>half CH population)** | National (>50% adults) | Major SE share | 19.4M active (58% Poles 15+, Jun 2025) | Phased rollout |
| Distinctive | **CH #1 mobile-payment app; surpassed Apple Pay + Google Pay in CH; March 2025 Switzerland's strongest brand; 75%/25% commercial/P2P usage pattern** | EuroPA EMPSA cross-border | EuroPA EMPSA cross-border | 6-digit one-time-code auth distinctive | European sovereignty initiative |

## Status

**Active, Switzerland's #1 mobile payment app** <sup>[1][1], [3][3]</sup>:
- **TWINT AG (Swiss bank consortium)** since 2014 (Twint + Paymit merged 2016).
- **6+ million users (>half of CH 8.8M population)**.
- **81% bricks-and-mortar + 84% online shops** Swiss acceptance.
- **March 2025 — Switzerland's strongest brand** per BrandAsset Valuator.
- **Surpassed Apple Pay + Google Pay in Switzerland**.
- **FINMA + SNB regulated**.

## Sources

[1]: https://www.swissinfo.ch/eng/various/twint-has-more-than-six-million-users-by-the-middle-of-the-year/89856828 "TWINT 6M+ users mid-2025 — Swissinfo"
[2]: https://www.suisse-blog.ch/en/15997/the-most-widely-used-payment-methods-in-switzerland-in-2025-twint-cards-and-crypto/ "Most-widely used CH payment methods 2025 — Suisse Blog"
[3]: https://www.twint.ch/en/press/more-than-6-million-people-use-twint/ "More than 6M people use TWINT — TWINT press"
[4]: https://www.twint.ch/en/press/switzerland-a-leader-in-mobile-payments/ "Switzerland leader in mobile payments + brand award — TWINT"
[ch-cro]: https://docs.barcoder.ai/docs/payments/CH

- [1] [TWINT 6M+ users mid-2025 — Swissinfo][1]
- [2] [Most-widely used CH payment methods 2025 — Suisse Blog][2]
- [3] [More than 6M people use TWINT — TWINT press][3]
- [4] [Switzerland leader in mobile payments — TWINT][4]
- <sup>[Switzerland report](https://docs.barcoder.ai/docs/payments/CH)</sup> In-corpus: `reports/countries/CH-switzerland.md`

## Source

Biography extracted from [twint.md](https://docs.barcoder.ai/source/wallets/twint). See `matrix.md` for standards-support matrix if present.