Yes. In Switzerland it's Twint. It's easy to use, instant and free for the user. It started out as an easy way to move small amounts of money around among family and friends without the hassle of doing a bank transfer. Now large grocery stores and online shops support it too. I don't see it overtaking the whole payment market because of the exclusivity to Switzerland. It'd be great if something like Twint would exist but usable and prevalent all over the world.