In Switzerland it's still possible to buy things online and pay by an enclosed invoice. Twint is a local digital payment system and it is universally accepted, both online and offline.
Twint takes 2% from vendors. This is also why you can't generate a code to have your friend pay you but instead have to enter their phone number since those transactions are free.
In 1-2 years we will have instant IBAN payments, I wonder how long until there is a fee for that as well which is currently free just takes a day.
