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New Service from Twint

Wednesday, 19 August 2026 06:35

The payment app with more than 6 million users will offer digital direct debits from next year

The service will let customers pay recurring bills like rent and mobile phone through the app, with a 30 day window to contest any charge. Twint is timing the launch to fill the gasp left by LSV+, the current interbank direct debit system, which is going out of service in 2028. The company says Switzerland's largest banks are on board. Chief Executive Marcus Kilb says the aim is to make paying a bill as simple as tapping at a shop till

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