E-bill becomes eBill: Credit Suisse is first bank to successfully upgrade

On 19 April 2018, SIX launched its new infrastructure for digital invoices. This will replace the current platform for e-bill and will be phased in until the end of 2019, when all of Switzerland’s banks are expected to be live. The current e-bill platform is already successfully established in Switzerland, with more than 1.2 million registered users, more than 1,100 participating companies and over 90 participating banks. The introduction of the new infrastructure will lay the foundation for further growth and innovation.

The new infrastructure for digital invoices was developed by SIX in close cooperation with Switzerland’s banking and finance community. Existing customers will be automatically converted by their bank and will continue to receive their invoices in their e-banking portals.

Alain Schmid, Head Payment Services at Credit Suisse (Schweiz) AG: “We are pleased to be the first bank to successfully roll out the new eBill solution by SIX Paynet and to have reached this milestone in the modernization of payment services. Our customers benefit twice over: it will be easier for them to pay their digital invoices, and we will be able to offer them new services.”

Marco Menotti, Head Payments at SIX: “eBill is the Swiss standard as far as paying digital invoices is concerned. With the new eBill infrastructure, we are launching a central platform for digital invoices in which all banks can participate.”

www.ebill.ch