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AXA Switzerland Activates Bitcoin Payment Option For Customers

Switzerland’s biggest insurance firm AXA has activated a cryptocurrency payment option for its customers, thereby becoming the first all-line insurer to roll out the plan. Pay Insurance Premiums with Bitcoin The latest policy of the leading insurance company provides all private AXA customers with a Bitcoin payment option. In this regard, AXA customers can effect payment for insurance premiums relating to non-life insurance products using their Bitcoin. The insurance firm said that the policy will be implemented in collaboration with popular cryptocurrency broker Bitcoin Suisse. However, the Bitcoin payment option allowance is not extended to life insurance because of prevailing…

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Major Swiss Insurer Adds Bitcoin and Ether Payments

Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the “first” insurer in Switzerland to accept cryptocurrencies. In a statement, Atupri said payments will be made through local regulated crypto financial firm Bitcoin Suisse, with which it has partnered. The Bern-based health company will not hold any bitcoin (BTC) or ether (ETH), only the converted cash it receives from Bitcoin Suisse. “As digital pioneers in the health sector, we anticipate social trends and offer insurance solutions with long-term prospects,”…

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