Major Swiss health insurance company now accepts crypto payments

Cointelegraph

Published Aug 31, 2020 08:49PM ET

Updated Aug 31, 2020 10:20PM ET

A major health insurance provider in Switzerland has made Bitcoin and Ether payments available to its policyholders.

According to an Aug. 31 announcement, Atupri Health Insurance is partnering with crypto financial services company Bitcoin Suisse for its 200,000 customers to make payments using Bitcoin (BTC) or Ethereum (ETH). Atupri, based in Bern, will not be holding any digital assets itself, but rather just receiving fiat payments in Swiss francs once the BTC or ETH is exchanged by Bitcoin Suisse. The insurance company — with roughly $887 million in annual sales as of 2019 — will have customers paying for any fees associated with mining.

Continue Reading on Coin Telegraph