For many people, Switzerland’s low-tech payment slips – which are used to pay bills and transfer money between accounts – are as Swiss as SBB railway clocks and yellow hiking path signs.
The current suite of seven different orange and pink documents will be replaced by a single black and white version (see image above) containing a Quick Response (QR) code, Swiss financial services company SIX said in a statement on Thursday.
The QR code will enable payment slips to be read electronically by smartphones and other devices so that payment information can be sent directly to financial institutions using online banking.
Read More.. Source :thelocal
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