As companies continue to explore new markets and cater to a diverse client base, having the ability to transact in local currencies can be a game-changer. At Intercash, we’re thrilled to announce that Swiss Franc (CHF) has been added to our list of supported currencies, making it easier than ever for global and local businesses to conduct transactions in Switzerland.
This addition highlights our commitment to supporting our clients’ growth by providing access to local markets in Europe with secure, reliable, and efficient payment solutions. By offering CHF, we’re ensuring businesses can operate seamlessly within Switzerland’s economy, minimising exchange rate costs and enhancing financial transparency.
Why the Addition of CHF Matters for Your Business
Our expanded card-issuing capabilities now allow companies to transact directly in CHF, eliminating the need to rely solely on EUR for local spending in the Swiss market. Whether it’s handling business travel expenses, paying vendors, or offering convenient gift cards to consumers, the addition of CHF opens up new opportunities for businesses in Switzerland.
For global enterprises, this addition provides a seamless entry into a key European market, enabling them to connect with Swiss customers and partners through transactions in their local currency.
With the Swiss Franc now part of our currency portfolio, Intercash clients can enjoy the flexibility of issuing payment cards that are directly tailored to Switzerland's domestic economy. This minimises exposure to exchange rates and enhances financial control for Swiss and global businesses alike.
Making CHF Payments Possible
Our product delivery team collaborated closely with key issuing and processing partners to bring this solution to life, working within Switzerland’s unique regulatory framework. This collaboration allowed us to expedite the setup and ensure that transactions in CHF are seamless and secure.
With this new infrastructure in place, we’re positioned to help our clients access the Swiss market with ease and efficiency. Our CHF solution offers a reliable, locally tailored option that supports seamless entry into Switzerland’s economy.
Our CHF cards now also support bank transfers that can be settled into local currencies, allowing businesses to bypass foreign exchange (FX) fees. This feature enables even greater financial efficiency and flexibility for clients managing multi-currency operations.
Industries and Businesses That Benefit
The decision to add CHF to our list of supported currencies was largely inspired by a leading client in the gift card industry, who sought a local currency option to serve Swiss consumers better.
While this addition has proven beneficial for gift card providers, it also serves a broad spectrum of businesses and industries that can now leverage CHF payments to enhance their local and cross-border offerings.
Companies regulated by FINMA, the Swiss financial regulatory authority, will also benefit from our CHF capabilities, as they can now offer their clients local currency payment solutions aligned with Swiss standards.
Whether it’s enabling Swiss-based companies to handle expenses and vendor payments or supporting global enterprises entering the Swiss market, our CHF payment solution brings flexibility and financial efficiency to businesses of all kinds.
By providing a seamless, secure way to transact in Swiss Francs, we’re empowering companies across sectors to connect with Swiss consumers and partners on a local level, without the added costs and complexities of currency conversion.
A New Era of Payment Solutions in Switzerland
Adding CHF to our range of currencies isn’t just about providing a new currency option—it’s about creating possibilities. The potential applications span across industries:
Travel and Expense Management: Swiss companies, as well as international businesses with employees traveling to Switzerland, can streamline expenses without the hassle of converting to EUR or USD.
B2B Payments: For companies involved in cross-border B2B transactions, CHF support allows greater financial transparency and minimises conversion-related complications.
Retail and E-commerce: Brands can offer Swiss consumers payment solutions in their local currency, enhancing the customer experience and fostering loyalty.
B2B2C: Global entities can issue CHF cards to their account holders, enabling seamless spending in Swiss Francs and making CHF transactions accessible to a global audience.
Expand Your Reach in Europe, Fast and Efficiently
At Intercash, we pride ourselves on delivering solutions quickly to meet the changing needs of our clients. Our expansion into the CHF market has been driven by the need for rapid deployment in local European markets, ensuring that our clients can stay agile as they grow.
In Switzerland, where CHF remains a preferred currency among both businesses and consumers, this new addition aligns with our broader mission to support seamless, real-time payments for our global clients.
Grow Your Business with CHF Payment Solutions
For established Swiss businesses or global enterprises ready to explore the Swiss market, our CHF payment solutions can help you connect with your audience in meaningful ways.
To learn more about our CHF card-issuing services and the opportunities they present for your business, get in touch with one of our payment professionals today.
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