Launch01 Sept 2026
Mastercard and PayInit put Swiss bank P2P transfers on card rails
Swiss card issuers get a shared platform for sending money by phone number or email, routed over Mastercard's money movement rails so transfers can reach recipients abroad as well...

What changed
Swiss card issuers get a shared platform for sending money by phone number or email, routed over Mastercard's money movement rails so transfers can reach recipients abroad as well as at home.
What merchants must do
None stated — verify against sources.