Personal Finance Tips

Top payment methods in Switzerland: A guide on best ways to pay

Nicholas Chia

08.09.25

Read time 1 minute

Wondering what the most popular ways to pay are in Switzerland? Explore the top payment options and choose wisely.

Switzerland, with a population of around 9.03 million people, has a GDP of approximately 947.13 billion, making it the 21st largest economy in the world. The official currency of Switzerland is the Swiss Franc (CHF).

A prosperous market economy based on high-tech manufacturing, pharmaceuticals, and a major global financial services sector. It has deep economic integration with the European Union through a series of bilateral agreements and is a member of the EFTA.


Country	Switzerland
Population	9.03 million
GDP (USD)	947.13 billion
Global Ranking	21st
Currency	Swiss Franc (CHF)

What is the main payment method in Switzerland?

The leading mobile payment app in Switzerland is TWINT, which is widely used for peer-to-peer transfers, in-store payments via QR code or Bluetooth, and for online shopping.³ Debit and credit cards are also a primary payment method, accepted everywhere for all types of purchases.² While digital payments are popular, Swiss people still value and use physical cash, the Swiss Franc, for reasons of privacy and as a store of value.

How to pay in Switzerland

Each country has its own way of moving money, and choosing the right method can sometimes be difficult. That’s why we have curated the most popular and best payment options for you to use in Switzerland.

Payment method	Description	Type
Wise	Wise provides international money transfer services. It is known for offering transparent, low-cost currency exchange rates and fast transfers. Wise uses the real mid-market exchange rate and charges a small, upfront fee, making it a cost-effective alternative to traditional banks for sending money abroad. The platform also offers multi-currency accounts, allowing users to hold and manage money in multiple currencies.	Online/in-person
Bank Transfers	Bank transfers are a primary payment method, used for everything from paying bills (via QR-bill invoices) to P2P and B2B payments.¹	Online
Cards (Debit/Credit)	Debit cards are a very common method for in-person retail. Credit cards are also widely used, especially online.²	Online/in-person
Twint	Twint is the dominant mobile payment app in Switzerland, used widely for P2P transfers, in-store QR/beacon payments, and e-commerce.³	Online/in-person
Cash (Swiss Franc)	Switzerland maintains a strong cash culture. Cash is a very popular payment method and is widely used for daily transactions.	In-person

Is PayPal available in Switzerland?

Yes, PayPal is accepted in Switzerland.⁴

Cover all your international travel expenses with the Wise Multi-Currency Card

Whatever you need to buy during your trip, whether it’s a travel adapter, train ticket or an extra bottle of sunscreen, the Wise Multi-Currency Card has you covered.

You can spend like a local in 150+ countries, as this clever contactless card automatically converts currency at the mid-market exchange rate whenever you spend - for just a small conversion fee.

And for extra convenience, you can add your Wise Multi-Currency Card to your Google Wallet or Apple Wallet. Then you can travel even lighter and pay using just your phone, with no need to pack the physical card.

Get started with Wise

*Wise is not a bank. The Wise Multi-Currency Card is issued by our sponsor Bank(s), member(s) FDIC. Fees and T&C apply. See https://growth-layer.live/a%3E for details.

Sources:

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.