28 Oct '16, 5pm

Swiss rail operator to sell bitcoins at its ticket machines

Swiss rail operator to sell bitcoins at its ticket machines

ZURICH Switzerland's national railways firm SBB is branching out next month with the launch of a new service on its ticket machines to sell bitcoins, the web-based digital currency. Beginning Nov. 11, customers will be able to trade Swiss francs for bitcoins using the ticket machines in a two-year experiment that will test Switzerland's appetite for the cryptocurrency, the state-owned company announced on Friday. "There have been few possibilities to obtain bitcoins in Switzerland until now," SBB said. "With its 1,000-plus ticket machines, SBB operates a dense, around-the-clock distribution network that's suited for more than just ticket sales." SBB is working with Zug-based digital payments firm SweePay to allow customers to top up their digital 'bitcoin wallet' accounts by mobile phone. Customers can exchange anywhere between 20 and 500 Swiss francs ($20-503) per transac...

Full article: http://www.reuters.com/article/us-swiss-rail-bitcoin-idUS...

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Swiss rail service to sell Bitcoin at ticket machines

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Image copyright Getty Images Image caption Swiss travellers will be able to swap their francs for Bitcoins at railway tick...

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