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Switzerland’s Insurer AXA Now Accepts Bitcoin as Payment

  • Switzerland’s Insurer AXA now accepts Bitcoin as payment.
  • Back in 2019, the firm conducted research on customers’ thoughts on crypto.
  • More crypto payment services will be added to the payment option.

A multinational insurance company AXA now accepts Bitcoin as payment for its customers in Switzerland. However, this option of new payment will also allow to pay premiums for all non-life products of AXA Insurance Ltd.

Moreover, the company will soon send the bills along with QR Bitcoin Payment code for a seamless transaction.

AXA  Head of Open Innovation Claudia Bienentreu said, 

“This is AXA’s response to growing demand from its customers for alternative payment solutions, with new technologies playing an ever-greater role.”

In addition, the insurance company is also the third richest firm in the globe. More so, in the official release the company mentioned that Bitcoin and other cryptocurrencies is in the part of their discussion since 2019.

Back in 2019, the company has conducted research on customers’ thoughts on crypto. However, almost one-third of the respondents already own crypto and are willing to invest in the crypto.

More Crypto Payments Service to be Added in Future

AXA explained that more crypto payment service will be added to the payment option. Moreover, this happens after exploring with Bitcoin and with the feedback of customers even more cryptocurrency will be added.

Furthermore, Bitcoin has played a fantastic role not only in its price but also the public opinion about the coin also increased. Many investment firms selected Bitcoin as the means of payment option.

Notably, Wall Street giants including former critics Goldman Sachs and JP Morgan have not gained Bitcoin exposure for PR gimmicks. All in all this is due to the growing demands from clients.

The News Crypto Staff

The News Crypto is a group of crypto journalists writing about the latest happenings in the crypto and blockchain industry.

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