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«Disuse of Relative Market Power»: Detailed Dealers Show Twint at Weko

Summary by watson.ch/
The Swiss Retail Federation has filed an ad against the Twint payment app, accusing it of too high a fee and a «abuse of relative market power».
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The Swiss Retail Federation submits a complaint against Twint to the Competition Commission. The association accuses the payment service provider of excessive dealer fees and suspected misuse of its market power. Twint contradicts and refers to transparent conditions.

The Association of Swiss Retailers has filed a complaint with Weko against the fact that, in their opinion, the payment service provider Twint has to pay too high a fee.

The Swiss Retail Federation accuses the payment app of abuse of market power by imposing unduly high fees at the expense of retail trade.

The Swiss Retail Federation has lodged a complaint with the Commission de la concurrence (Comco) against Twint, accusing the payment application of "abusing its market position by charging excessive costs".

The Swiss Retail Federation has filed a complaint with the Competition Commission (Comco) against Twint, accusing the payment app of "abusing its market position by charging excessive fees."

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watson.ch/ broke the news in Zürich, Switzerland on Monday, July 7, 2025.
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