Zermatt Becomes Second Swiss City to Accept Bitcoin Payments

 

 

 

 

 

The Swiss municipality of Zermatt will now officially accept Bitcoin payments for tax and other official transactions, according to a January 29 press release from Bitcoin Suisse, which is providing the POS solution Zermatt needs to manage digital asset payments at the city’s offices.

Zermatt taxpayers who opt to pay online will need to apply with the Zermatt Tax Office to be able to use that crypto payment option. They will then be provided an email link that gives them access to the city’s online payment portal, where they can then transfer their payments directly from their Bitcoin wallets. Bitcoin Suisse will be responsible for converting the digital asset to Swiss francs for the municipality.

Zermatt is now the second Swiss city to accept tax and other official payments in Bitcoin. The city of Zug had announced that it would be accepting Bitcoin back in 2016.

Zermatt Mayor Romy Biner-Hauser said that the decision is an attempt to meet taxpayers’ demand for digital asset payment options:

“An innovative, pioneering spirit is one of the trademarks of Zermatt, which is why we are happy to support residents in providing them with the solutions they require.”

Author: Ken Chase

Freelance writer whose interests include topics ranging from technology and finance to politics, fitness, and all things canine. Aspiring polymath, semi-professional skeptic, and passionate advocate for the judicious use of the Oxford comma.

Share This Post On

Submit a Comment

Your email address will not be published. Required fields are marked *

  Subscribe To Newsletter
Subscribe to Our Newsletter

Keep up to date with the latest from DCEBrief

* we hate spam and never share your details.
×