Who is affected by the harmonization of payment transactions?
The switch to new payment transaction processes affects all market players in the Swiss financial center. However, the extent of the impact varies considerably in individual cases. A financial institution, payment provider or international group with individually developed payment transaction software will be more significantly affected than an SME that processes its payment transactions via standard software. The end customer will not become aware of the harmonization until the introduction of the new inpayment slip with QR code.