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Bitcoin goes on sale across Switzerland via railway ticket machines
The cryptocurrency will be available for purchase at all Swiss Federal Railways (SBB) ticket machines in November.
Bitcoin hype has died down over the past two years in North America and other parts of the world, but during that time SBB determined that there did appear to be a market for selling the digital currency in Switzerland.
SBB has over 1,000 ticket machines, most of them available around the clock, which means that a ubiquitous network for obtaining Bitcoin in Switzerland will literally go online overnight. Swiss Railways has partnered with Swiss payments company SweePay, which will act as the intermediary for Bitcoin purchases on SBB ticket machines.
To buy Bitcoin at one of the machines, customers use their mobile phone number as a means of identification. Transactions are initiated by scanning a QR code on the buyer's Bitcoin wallet and confirmed via a security code sent to the mobile phone.