Harmonization of Swiss payments

Based on ISO 20022 standard, the harmonization of Swiss payments makes payments processing even simpler and more economical. This applies as well to the QR-bill.

Synergies in the value creation chain will be sustainably exploited between payment service providers, financial institutions and consumers. All players involved shall profit, along with the Swiss economy as a whole.

The changes in Switzerland's payment traffic shall be completed by 2020.