{"id":56072,"date":"2026-05-14T11:44:25","date_gmt":"2026-05-14T11:44:25","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=56072"},"modified":"2026-05-14T11:44:25","modified_gmt":"2026-05-14T11:44:25","slug":"bar-karrer-advises-viseca-on-its-joint-initiative-with-corner-to-develop-a-global-p2p-money-transfer-solution","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/bar-karrer-advises-viseca-on-its-joint-initiative-with-corner-to-develop-a-global-p2p-money-transfer-solution\/","title":{"rendered":"B\u00e4r &amp; Karrer advises Viseca on its joint initiative with Corn\u00e8r to develop a global P2P money transfer solution"},"content":{"rendered":"<p dir=\"auto\"><strong>Viseca Payment Services SA and Corn\u00e8r Bank Ltd. have teamed up to develop an industry solution for worldwide instant transfers between people based on payment cards.\u00a0<\/strong><\/p>\n<p dir=\"auto\"><!--more--><\/p>\n<p dir=\"auto\">To this end, the two companies founded PayInit AG, aimed at establishing an infrastructure for global P2P money transfers based on Mastercard and Visa payment cards. The new industry solution will enable customers of affiliated payment solution providers to send money from payment cards in Switzerland to other payment cards, wallets or bank accounts worldwide.<\/p>\n<p dir=\"auto\">B\u00e4r &amp; Karrer acted as legal counsel to Viseca in connection with the structuring and establishment of PayInit AG. The team included Daniel Fl\u00fchmann, Marlene Lienau Schindler (both\u00a0Corporate\/M&amp;A), Mani Reinert (Competition Law), \u00d6zden Om\u00fcrcan (Notarial Services), as well as Markus Wang (IP\/IT).<\/p>\n<p dir=\"auto\"><b>For further information please contact:<\/b><b><\/b><\/p>\n<p dir=\"auto\">Media Relations, Eric Stupp<\/p>\n<p dir=\"auto\">Tel: +41 58 261 50 00<\/p>\n<p dir=\"auto\">Email:\u00a0<a href=\"mailto:eric.stupp@baerkarrer.ch\" rel=\"noreferrer\">eric.stupp@baerkarrer.ch<\/a><\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-56072","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/56072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=56072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}