Leading European payments, and transactional services company, Worldline is looking to debut a mainstream cryptocurrency payment services in Switzerland, together with Bitcoin Suisse, a crypto-broker.
As confirmed in a blog post on Friday, both entities signed a letter of intent for the partnership, which will allow customers and merchants to accept digital currencies for payments both in offline and online stores.
With expertise and experience of Bitcoin Suisse, the oldest crypto financial-services firm in the country, the initiative will leverage the payment infrastructure of SIX Payment Services, to facilitate crypto payment across several businesses and industries.
Also, Worldline and Bitcoin Suisse intends to improve the status of Switzerland as a strong and a go-to center in the crypto-financial services space. Currently, over 800 companies in the country are reportedly providing solutions and services to cryptocurrency and blockchain companies.
The latest development is also expected to significantly affect the mainstream adoption of cryptocurrencies since the service planned by Worldline will see the company roll out crypto payment features for its various suite of products.
“As a market leader, we have a reputation for introducing latest payment functionalities that enhance the customer journey as well as boost efficiency and profitability for our merchants,” said CEO of Worldline in Switzerland, Marc Schluep.
Meanwhile, the new partners promised to reveal more information about their partnership, even though the current update confirmed that after the successful launch of the cryptocurrency payment service in Switzerland, it will then be rolled out to other European countries.
As of January, a Switzerland company, Falcon private bank, added support for four major digital currencies on its e-banking channels, as Coinfomania reported.