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We introduced Instant-Payments for Swiss users!

Relai is the simplest Bitcoin app in Switzerland. In minutes, you can create a single purchase order or a Bitcoin savings plan. Until now, however, we have always had to wait for users’ payments to be received. The reason for this is the Swiss banking payment system. This is now changing with the introduction of instant payments!

Read on to learn how instant payments work, how this impacts you as a Swiss user of Relai, and how you can use them to buy Bitcoin in the Relai app today.

Zurich, 17th September 2024

We’re not only a pioneer in the Bitcoin community but also in the traditional financial system. Why? Well, we introduced instant payments for Swiss users. With it, we’re one of the first Bitcoin brokers to do so. In the following video, Joël shows you how quickly you can buy Bitcoin with instant payments in the Relai app:

Instant payments have been available for banks in Switzerland since August 2024. Unlike before, thanks to the new format, transfers will not take several working days but can be executed within minutes. In September 2024, the following banks have already integrated instant payments:

  • UBS
  • Raiffeisen
  • Berner Kantonalbank
  • St. Galler Kantonalbank
  • Hypothekarbank Lenzburg

This makes us one of the first Bitcoin providers in Switzerland to introduce the new payment format. This is possible thanks to the partnership with Swissquote, a market leader in adopting new financial technologies. This partnership enables Relai users to buy Bitcoin even more quickly and easily.

Our CEO Julian Liniger sees this as a unique opportunity: “Thanks to our collaboration with the leading Swiss online bank Swissquote, Relai is the first Swiss Bitcoin app to offer its users instant payment. From now on, Relai users can buy Bitcoin within seconds and 24/7, directly into their own wallet! This simplifies the buying process and could significantly contribute to more people discovering Bitcoin or starting to save in it.”

The introduction of instant payments is essential to the product improvement and strengthening of Relai in the Swiss market. Further marketing measures and adjustments to the app are planned in parallel to this launch. Find out more soon!

Without you, Relaier, this wouldn’t be possible, and we know our community is cheering us on every step of the way. 

Here are some ways you can help us grow even faster:

Download the Relai app from the Google Play Store or Apple App Store today to start buying Bitcoin.

Information about the author

Joël Kai Lenz

Joël Kai Lenz

Joël has a background in the media world and uses this experience to create content online in all shapes and forms. If he's not writing or producing content, he shares his thoughts on X or enjoys a delicious coffee. Follow Joël on X.

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