WL Crypto Payments

WL Crypto Payments

Paying with cryptocurrencies

Cryptocurrencies are becoming increasingly popular in Switzerland as an innovative new means of payment. Payment with cryptocurrencies is already offered by many merchants and online shops worldwide. WL Crypto Payments allows your customers to pay in cryptocurrencies – both at the point of sale and in e-commerce.

With WL Crypto Payments, our payment solution for accepting cryptocurrencies, paying with Bitcoin or Ethereum is not only convenient but also secure and fast. As a merchant, you do not have to worry about the currency risk or other specificities in connection with cryptocurrencies. You can therefore continue to quote prices for your products in Swiss francs. The payment of the crypto transaction is also made for you in Swiss francs, clearly declared as usual and bundled with all other means of payment. Your customers can pay in cryptocurrencies using all common crypto wallets by scanning a QR code with their smartphone.

Your benefits at a glance:

  • Easy and secure acceptance of cryptocurrencies at the point of sale and in e-commerce
  • Authorisation and confirmation of the transaction within seconds
  • The familiar settlement and payment processes bundled with all other means of payment remain the same
  • No currency risk and pay-outs in Swiss francs (CHF)
  • Acquisition of new customers thanks to the acceptance of an innovative means of payment

What are cryptocurrencies?

Cryptocurrencies are digital assets based on blockchain technology. The cryptographic elements of this technology are particularly secure, as the decentralisation of the network ensures protection against misuse to the greatest extent possible. In addition, the cryptocurrencies in use today are considered independent, because they are not centrally controlled by an organisation. Probably the best-known cryptocurrency on the market is Bitcoin. Bitcoin is the world's largest cryptocurrency by market capitalisation, with a market share of around 65%. As means of payment, Bitcoin is by far the most popular cryptocurrency in Switzerland, alongside Ethereum. Both currencies are accepted with WL Crypto Payments. The currency portfolio offered is reviewed by us on an ongoing basis and expanded where necessary.

WL Crypto Payments - Bitcoin - SIX Payment Services
WL Crypto Payments - Ethereum - SIX Payment Services

Seamless and secure cryptocurrency payments

To facilitate efficient and secure processing of cryptocurrency transactions in both physical and online shops, we have entered into a partnership with Bitcoin Suisse, the experienced and largest crypto financial services provider in Switzerland. Both companies focus on their respective core competencies: we contribute the payment expertise, our merchant network and the established pay-out and merchant support processes, while Bitcoin Suisse takes care of processing the crypto transactions on the blockchain and hedging any currency risks.