Potential for Swiss SMEs
These developments offer tangible benefits, for small and medium-sized enterprises in particular. Especially for international payments outside the SEPA area, digital solutions enable more efficient processes and, depending on the provider, could also result in lower fees. They also ensure faster processing, a clear advantage in terms of liquidity. And digital payments can be integrated directly into existing processes, for example, in logistics or e-commerce, or for recurring invoices.
This is giving rise to new, automated business models that can save time and open up new sources of revenue. The next three to five years will likely see a great deal of change, both technological and regulatory. For SMEs, this means that the earlier you get yourself up to speed, the earlier you can take advantage of new opportunities.