AXA, a multinational insurance firm is all set to offer a Bitcoin payment option for its customers in Switzerland, making them the first all-line insurer to do so. The new payment option is available for all the customers in Switzerland since the start of April and would allow them to pay premiums for all non-life products of AXA Insurance Ltd. The firm would soon send out bills with Bitcoin Payment QR code along with it to make the transaction seamless.
Source: AXA
Claudia Bienentreu, Head of Open Innovation at AXA Switzerland said,
“This is AXA’s response to growing demand from its customers for alternative payment solutions, with new technologies playing an ever-greater role,”
The insurance firm is also the third richest in the world, and their offering of Bitcoin as a payment option is another leap forward for Bitcoin adoption. The insurance firm in its official release noted that Bitcoin and cryptocurrencies have been a part of their discussion since 2019.
The firm had con
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