What are the means of payment that Mr and Mrs Swiss use most often? A survey recently published by the Swiss National Bank (SNB) showed that cash is still the most popular means of payment.
07.09.2023 –- Around 43% of transactions are paid for with cash. However, it is mainly smaller amounts that are settled in this way.
- Based on the value of transactions, the debit card is the principal means of payment. The debit card proportion by value remains high at 33%, followed by cash at 20%.
- Payment apps are very much on the increase, with the value of such transactions doubling to 8%.
- So it’s hardly surprising that 96% of respondents say they always keep cash on hand for everyday expenses, and they own an average of four different non-cash payment instruments.
- 93% of the respondents are in possession of a debit card.
- And 76% have a credit card.
- Around 68% have a payment app.
For further information on the SNB payment survey see.
Whatever the means of payment, the rule is still: #Watchout! and take the usual precautions when paying.
Read more News
#watchout – even on public transport!
The message on the mobile phone display reads “Confirm payment.” If you don’t watch out, you can… Read more
Big competition
Take part in this major Card Security Competition which closes on 1 July 2026 and, with a bit of… Read more
National Campaign: “LINDA protects against phishing!”
This year's Card Security campaign starts today. "LINDA protects against phishing!"… Read more
International cooperation is important
What are the chances of the police catching card fraudsters? Read more