Card issuing · Europe

Does Rain work in Switzerland?

Partly.

Rain is limited for businesses registered in Switzerland: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Limited

Source: Rain cards ↗

What a business in Switzerland can use

Rain’s products, for a company incorporated in Switzerland.

Accept paymentsNot offered

Rain does not offer this.

Pay people abroadNot offered

Rain does not offer this.

Multi-currency accountNot offered

Rain does not offer this.

Business cardsLimited

Virtual and physical cards funded from stablecoin balances, for consumers or businesses, with issuing, processing and program management under one contract.

StablecoinsLimited

Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.

Yield on idle cashNot offered

Rain does not offer this.

Rain issues as a principal card network member, without a sponsor bank, and reports card programs in 100+ countries. Whether a program can launch depends on where the company and its cardholders are.

Onboarding confidence: low. Source: Rain cards. Everything about Rain

Alternatives in Switzerland

Other providers that serve businesses registered there.

Accept payments

Adyen Checkout.com dLocal Payoneer PayPal Stripe Wise Business Airwallexlimited BVNKlimited

Pay people abroad

Adyen Checkout.com dLocal Payoneer PayPal Stripe Wise Business Airwallexlimited Bridgelimited BVNKlimited

Multi-currency account

Payoneer PayPal Stripe Wise Business Airwallexlimited Bridgelimited BVNKlimited

Business cards

Payoneer Wise Business Airwallexlimited Bridgelimited

Stablecoins

Checkout.com Stripe Bridgelimited BVNKlimited

Yield on idle cash

Bridgelimited BVNKlimited

Selling to Switzerland

How people there prefer to pay online.

1TWINT
2PostFinance
3Visa / Mastercard

Stablecoin rules in Switzerland

Low riskClear rules

A licensing regime for stablecoins is in force.

Rain’s stablecoin products are available to businesses here.

Everything about 🇨🇭 Switzerland →

Common questions

Does Rain work in Switzerland?

Partly. Rain is limited for businesses registered in Switzerland: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.

Which Rain products can a business in Switzerland use?

business cards and stablecoins, with limits.

What are the alternatives to Rain in Switzerland?

Providers that onboard businesses registered in Switzerland: Stripe, Adyen, Checkout.com, PayPal, Wise Business, Payoneer and dLocal. With limits: Airwallex, Bridge and BVNK.

Can a business in Switzerland use Rain for stablecoins?

Yes, according to our data. Stablecoin rules in Switzerland: Clear rules (low risk). FINMA applies existing banking and payments law. Stablecoin issuers generally need a banking licence or a bank guarantee.