The Swiss Times - Swiss News in English

Many Swiss households pay bills with eBill

More and more people in Switzerland are using the digital invoice called eBill. At the end of February, the number of users had risen to over three million.

The financial services provider SIX counted around 70 million eBill transactions in 2023, according to a press release issued on Wednesday. This corresponds to growth of more than 20 percent compared to the previous year.

The largest group of users is between 30 and 39 years old. In turn, the greatest growth is seen among the over 65s. Overall, over 40 percent of 15 to 89-year-olds living in Switzerland use eBill. That is more than half of Swiss households.

With eBill, consumers no longer receive their bills by post or email, but directly in their online banking. The paperless bill was introduced in its current form in 2018. Almost all banks offer eBill.

On the biller side, large telecommunications providers, health insurers, energy suppliers, public administrations and credit card providers use digital invoicing to collect their receivables. However, more and more small and medium-sized companies are also making use of this option, according to SIX.

©Keystone/SDA

Most Read

Sunday, April 7 – Round Up

7 April 2024
Switzerland may fund French nuclear projects as it grapples with internal issues in the news this Sunday morning.

Swiss Employers Association: Increase Retirement Ages

8 April 2024
Following the rejection of a pension initiative, the Swiss Employers' Association (SAV) recommends a gradual raise in retirement age to 66.

Diehl Defence Will Develop Drones For Swiss Defence Firm Skysec

12 April 2024
Diehl Defence collaborates with Skysec Defence under a new agreement to enhance drone defense capabilities for military use.

Zurich VC Lakestar Secures $600 Million In New Funds

12 April 2024
Lakestar successfully closes two new funds, accumulating $600 million, to advance Europe's digital sovereignty.

Stay in Touch!

Noteworthy

Thai Central Group to Allegedly Takeover KaDeWe
12 April 2024
Leonteq and Raiffeisen Extend Partnership
12 April 2024