I used Wero for the first time yesterday, and I found it very easy to link to my bank account (just one click on a pop-up). The app is really convenient.
I visited their website and discovered that Wero is currently available in most banks in France, Belgium, and Germany. Their goal is to create a payment system across all of Europe, enabling online payments, in-store payments, or even replacing IBAN transfers.
" Wero is part of the European Payments Initiative (EPI), supported by 14 major European banks and the two largest payment processors in Europe. Our goal is to create a new payment system for Europe, for the future."
I think Wero could replace Visa and Mastercard in our daily payments. I would like to hear your thoughts on this. If you are in France, Belgium, or Germany, you can activate it. Initially, this will support the project, as it is not yet fully functional to replace the payment methods of all European countries.
I’ve been so excited about this. Just wish they would spread to more countries already. I’m impatiently waiting :)
They still have a long way to go, but it’s worth noting that they are very fast (Wero was launched in July 2024 and has already won over 14 major banks).
Their roadmap: https://www.europeanpaymentscouncil.eu/news-insights/insight/wero-shaping-future-european-payments
I think it is imperative for those who already have access to use this payment method whenever they have the opportunity, to show our interest and convince European banks that this solution is viable.
Hopefully canadian banks adopt Wero too!
It seems each merchant also needs to integrate it into their checkout. It looks good so really hope it takes off but right now it looks a bit like this.
Good one, I’ll save it
Haha yeah you’re not wrong I’m just pessimistic
I hope that’s not the case, ahah, but honestly, I don’t think I’ve ever seen such broad acceptance. As always, the banks are the ones who decide, and it seems like everything is already set in stone.
I wonder how much will it take to spread in Italy, we’re slow in everything lol
Make sure that your device is not ‘rooted’. If the operating system is an Android variant (also called a ‘custom ROM’), such as LineageOS or Pixel Experience, then the wero app can’t be installed for security reasons.
I can’t use it but it looks neat! I hope these companies will one day realise that requiring the user’s device to be an opaque jail controlled by a usually foreign third-party isn’t good security practice :/
