#Switzerland #Instant Payments #Zug #Bivial AG #Swiss Franc

Bivial AG Introduces Instant 24/7 Swiss Franc Payments

In a significant move for the financial services landscape in Switzerland, Bivial AG has announced the launch of real-time, instant payments in Swiss Francs (CHF). Using the SIC Instant Payments (SIC IP) clearing system, this innovative service enables customers to send and receive payments around the clock, seven days a week, 365 days a year. With a processing capability of transactions up to CHF 20,000 in fewer than 10 seconds, Bivial AG is setting a new standard for transaction speed and efficiency.

Empowering Clients with Instant Payments

Bivial AG, a forward-thinking financial institution based in Zug, Switzerland, provides a comprehensive payment infrastructure that caters not just to the local market but also to a global audience. As an early adopter of the SIC Instant Payments system, Bivial is uniquely positioned to offer its clients the ability to execute seamless transactions instantaneously. This capability enhances their existing financial offerings, which already include Swiss IBAN accounts in over 19 currencies and the ability to send payments to more than 160 countries worldwide.

The introduction of real-time CHF payments represents a transformation in how businesses and individuals move money. With the ability to swiftly process transactions regardless of the time or day, Bivial AG is helping clients manage their liquidity and facilitate faster cash flow, essential for both startups and established enterprises.

A Commitment to Modern Financial Services

Martynas Bieliauskas, CEO of Bivial AG, expressed enthusiasm over the launch, emphasizing its strategic importance. "This is a great step forward in delivering real-time financial services in Bivial's home market, Switzerland. By combining instant CHF payments with our existing global infrastructure, we are giving businesses a single platform to manage liquidity, make faster payouts, and improve their overall cash flow," Bieliauskas stated. Such advancements signal Bivial's commitment to not just maintaining but enhancing its competitive edge in the evolving fintech landscape.

Supporting Switzerland’s Payment Ecosystem

The rollout of this instant payment service aligns perfectly with Switzerland's efforts to modernize its financial infrastructure towards a more real-time payments ecosystem. Bivial AG aims to ensure that its clients, whether they are businesses or individual consumers, can connect with other participants in the SIC Instant Payments network while enjoying comprehensive global coverage across various currencies and payment methods.

The inclusion of this instant payment feature allows Bivial clients to fund accounts, cards, and wallets utilizing locally preferred payment methods, giving them the flexibility and choice that is essential in today's fast-paced digital economy.

About Bivial AG

Founded with a vision to support digital businesses, Bivial AG is a deposit-taking financial institution licensed and regulated by the Swiss Financial Market Supervisory Authority (FINMA). Offering modern Swiss accounts and cross-border payment solutions, Bivial specializes in providing online businesses access to IBAN accounts in multiple currencies and robust digital disbursement options. In marketing itself as the first fintech company in Switzerland focused exclusively on e-commerce and digital entrepreneurship, Bivial AG continues to innovate and expand its offerings aimed at empowering businesses to thrive within a borderless economy.

For more details about Bivial AG and its offerings, visit bivial.ch.