Mobile payment app UBS TWINT goes live

UBS TWINT, the mobile payment solution, can be used to make payments at stores such as Coop and Interdiscount, Selecta vending machines and at more than 1000 online shops such as Digitec, Brack, Microspot and Galaxus. In addition to the direct connection to the user's bank account, the established direct person-to-person ("P2P") transfer function remains central. By storing the client's card details directly in the app, UBS TWINT functions as a digital wallet. UBS is one of the first banks to offer TWINT. Existing users of UBS Paymit have been automatically migrated to the new app.