Swiss to vote on preserving cash as a payment system

Published on January 19, 2026

See on Internet Archive

by
Swissinfo
My articles My site About me My videos My books
Follow on:Twitter Facebook Google +

On March 8, the Swiss will decide whether the availability of cash should be enshrined in the constitution. A popular initiative and the government’s counterproposal are both on the ballot. An explainer. How do the Swiss use cash currently? According to a recent study by the Swiss National Bank (SNB), Swiss residents are moving away from using cash. In 2017, more than seven out of ten people paid with cash at kiosks, restaurants, and shops. In 2024, only three out of ten did so, and among those aged 15 to 34, fewer than two in ten used cash. Debit cards, credit cards, and digital apps – especially Twint, a Swiss payment app – are increasingly popular. Until relatively recently, many people settled their household bills in cash at the post office. But digital payments have now reduced those cash remittances to less than 1% of post-office transactions. Although the Swiss are using cash less, they don’t like the idea of it disappearing. Over two-thirds of those surveyed by the SNB ... Full story here Are you the author?

About Swissinfo

SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.

My articles My site About me My books
Follow on:Twitter Facebook Google +