Platit was founded by the Blösch group in 1992 .The company’s headquarters are located in Selzach, Switzerland,. Subsidiaries are located in the Chicago, USA, Shanghai, China,  Seoul, South Korea, Roskilde, Denmark, Switzerland and the Czech Republic.
There are 465 installations on 38 countries. Platit is wholly mainly owned by BCI Group, a Swiss conglomerate that focusses on products for the Swiss watch industry.