Swiss Insurance Platform Adopts Bitcoin as Payment Method

One of Switzerland’s’ leading health insurance provider, Atupri Health Insurance, has started accepting Bitcoin tokens as payments methods for its policyholders.

Atupri made an announcement saying that it is now offering Bitcoin and Ethereum payments for the 200,000 customers. The Bern-based insurance provider has partnered with Bitcoin Suisse in order to accept the cryptocurrency payments. As per the announcement, the company will not be holding cryptocurrency itself but will be accepting crypto payments with Bitcoin Suisse acting as a gateway to exchange the Bitcoin or Ethereum for Swiss francs.

Armin Schmid, head of Bitcoin Suisse Crypto Payments, is eager about the new partnership, noting that it will be above board with regulations and legalities:

We are pleased about the partnership with Atupri and guarantee secure and uncomplicated payment options with crypto currencies. As a regulated Swiss financial intermediary, Bitcoin Suisse complies with the legal requirements for payment transactions.”

The convenience of payment choice

The additional method of payment offers Atupri customers the benefit of more convenience. The company associates itself as a digital mover in the industry, and this shift could stand as one of the pioneering moves towards Bitcoin adoption.

Caroline Meli, Head of Marketing and Sales at Atupri commented:

“We consistently invest in new technologies and use the opportunities offered by digitization. In this way we accelerate processes for the benefit of our customers. Our range is characterized by a high degree of customization. Our customers are free to choose which payment method they choose at any time. As digital pioneers in the health sector, we anticipate social trends and offer insurance solutions with long-term prospects. Blockchain technology and the associated use of cryptocurrencies will become increasingly important. Accordingly, we want to offer the necessary structures for our policyholders. “