Twint is very popular in Switzerland, over 4 million people use it. It is very user-friendly and you can send money via the phone number of the other person. Or via a QR-Code for businesses. The payments are processed immediately (similar to Revolut or Lightning) and cannot be reversed.
Region
as far as I know you need an account with a swiss bank to participate
Currencies
Swiss Franc (CHF)
Chargeback risk
from the faq of the app:
"Payments made cannot be reversed. Contact the merchant / online shop or the person to whom you sent the amount to request a refund."
Size of user base
over 4 million people
Data requirements
Phone Number
Verification
You get a receipt in the app
Duration
1-10 seconds, it never took longer for me and I use it since a few years
Fees
no, it is free until a certain amount (around 5000 CHF/month)
https://www.twint.ch
Why
Twint is very popular in Switzerland, over 4 million people use it. It is very user-friendly and you can send money via the phone number of the other person. Or via a QR-Code for businesses. The payments are processed immediately (similar to Revolut or Lightning) and cannot be reversed.
Region
as far as I know you need an account with a swiss bank to participate
Currencies
Swiss Franc (CHF)
Chargeback risk
from the faq of the app: "Payments made cannot be reversed. Contact the merchant / online shop or the person to whom you sent the amount to request a refund."
Size of user base
over 4 million people
Data requirements
Phone Number
Verification
You get a receipt in the app
Duration
1-10 seconds, it never took longer for me and I use it since a few years
Fees
no, it is free until a certain amount (around 5000 CHF/month)
Fraud risk
i don't see any riks
Payment amounts
min: under 1 CHF max: around 4000-5000 CHF
Payment description
a note cab be added when sending payments