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Credit cards are payment option with highest turnover in Switzerland, study shows

News Credit cards are payment option with highest turnover in Switzerland, study shows. Monday 10 May 2021 15:30 CET | News The study was conducted through online surveys as well as with public data from the Swiss National Bank (SNB). A total of 1400 people between the ages of 18 and 75 were interviewed between November and mid-December 2020. The study showed that credit cards are now the means of payment with the highest turnover (24%) in Switzerland. Compared to 2020, the credit card has displaced the debit card from the top position. According to the study, this is due to the increase in online purchases, meaning that credit cards are not used most often, but generate the greatest sales. This is followed by invoices with 22%, debit cards with 21% and cash with 13%.

Contactless Payments and Credit Card Transactions Increasing Steadily in Switzerland: Report

Contactless Payments and Credit Card Transactions Increasing Steadily in Switzerland: Report The Swiss Payment Monitor reveals that the trend towards credit card use and contactless payment methods has remained steady in Switzerland. The Swiss Payment Monitor is a research initiative that’s supported by the University of St.Gallen and the ZHAW Zurich University of Applied Sciences. The research project is also backed by the Swiss Payment Association (SPA) and the industry partners Concardis and Worldline. Swiss Payment Monitor reveals that Swiss consumers spent the most funds with their credit cards last year, with about 24% of their total transactions carried out via credit card payments.

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Improving resilience of Switzerland s energy supply

Date Time Improving resilience of Switzerland’s energy supply Today sees the launch of a new research project, SUstainable and Resilient Energy for Switzerland (SURE). Over the next six years, ten research institutions under the project lead of the Paul Scherrer Institute PSI will study how Switzerland can ensure its energy supply is as sustainable and resilient as possible in the coming decades. Tom Kober is researching ways to ensure a resilient and sustainable energy supply for Switzerland. (Photo: Paul Scherrer Institute/Mahir Dzambegovic) On 8 January 2021, a temporary fault affected Europe’s power grid that could have shut down the entire European network. A total blackout was only avoided thanks to the combined efforts of all the electricity grid operators and a controlled shutdown of service to consumers in France and Italy. The reason for the narrowly avoided disaster: the failure of various key components in Europe’s power grid triggered the closure of several su

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