Swiss private bank Cornèr Bank will purportedly be one of the first participating issuers in Switzerland, but the report did not specify if the country's two "big banks" UBS and Credit Suisse will also support Apple Pay upon launch.
Apple Pay's arrival in Switzerland has been expected since Apple filed a trademark for the service with the Swiss Federal Institute of Intellectual Property in February. The U.K. is currently the only other European country with Apple Pay.
Apple is "working rapidly" to expand the service to additional regions, including Hong Kong and Spain, and possibly France, Brazil, and Japan, in partnership with American Express, MasterCard, Visa, and other payment processors. Apple Pay has also expanded to ANZ in Australia, five large banks in Singapore, and Canada's big five banks BMO, CIBC, RBC, Scotiabank, and TD Canada Trust.