<\/p>\n
In Switzerland, a country known for its financial acumen, the use of mobile payment apps stalled last year, according to a survey by the Swiss National Bank (SNB). Despite technological advances, cash remains a preferred method for in-person transactions, with a vast majority of Swiss respondents expressing a desire to keep using physical currency.<\/p>\n
The study revealed that mobile payment apps like Twint and Apple Pay accounted for just 17% of transactions in 2025, down from 18% in 2024. Debit cards took the lead with 37% of transactions, while cash was used in 30%, maintaining its standing from the previous year. This trend underscores a continued preference for cash due to its anonymity, as noted by Marcel Stadelmann, a payments researcher at the Zurich University of Applied Sciences.<\/p>\n
Stadelmann pointed out that the inertia in mobile app usage is not due to a lack of adoption but rather a saturation that needs a significant trigger for a shift. Factors such as instant payments offering convenience or real-time spending feedback could incentivize digital payment adoption. Meanwhile, the SNB continues to see value in traditional currency, unveiling plans for new banknotes to circulate in the 2030s.<\/p>\n
<\/p>\n
(With inputs from agencies.)<\/p>\n","protected":false},"excerpt":{"rendered":" In Switzerland, a country known for its financial acumen, the use of mobile payment apps stalled last…\n","protected":false},"author":2,"featured_media":41657,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[24178,18140,24179,24181,24176,24180,1364,17,3509,24177],"class_list":{"0":"post-41656","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-switzerland","8":"tag-apple-pay","9":"tag-cash","10":"tag-debit-cards","11":"tag-financial-habits","12":"tag-mobile-payment","13":"tag-privacy","14":"tag-swiss-national-bank","15":"tag-switzerland","16":"tag-transactions","17":"tag-twint"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116318691874201751","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/41656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=41656"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/41656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/41657"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=41656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=41656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=41656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}