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UBS Gains Partners With Prominent Players To Launch A Peer-to-Peer Payment App

With Paymit (a combination of "Payment" and "Transmit"), UBS and Zurich Cantonal Bank, together with SIX as the infrastructure provider of the Swiss financial centre, are offering the first P2P payment app in Switzerland based on a common banking standard. This means that Paymit can be used by anyone living in Switzerland, irrespective of whether they bank with UBS, Zurich ...

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