this post was submitted on 31 Jul 2025
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[โ€“] victorz@lemmy.world 18 points 2 months ago (3 children)
[โ€“] 9point6@lemmy.world 32 points 2 months ago* (last edited 2 months ago)

Had to look it up myself

Wero is a European mobile payment system that should replace Giropay in Germany, Paylib in France,[1] Payconiq in Belgium[2] and Luxembourg, and iDEAL in the Netherlands. The service was launched on 2 July 2024 by the European Payments Initiative.[3] The service competes with PayPal, credit cards and similar services. It started as a real-time payment system in 2024, and from summer 2025 extended online payment functions were added on a step-by-step basis.

https://en.wikipedia.org/wiki/Wero_%28payment%29

Looks like it's an effort to standardise all the local versions of the same payment systems, which seem to be P2P mobile money transfer and payment systems

[โ€“] moitoi@lemmy.dbzer0.com 21 points 2 months ago* (last edited 2 months ago) (1 children)

It's a payment method to send/receive money between individuals. Starting 2026, it will be possible to pay at businesses scanning a QR-code.

It's similar to what you can see in Asia, Pix in Brasil, etc.

[โ€“] Petter1@discuss.tchncs.de 8 points 2 months ago (1 children)

And Switzerland ๐Ÿ˜Š it is called twint over here

[โ€“] moitoi@lemmy.dbzer0.com 2 points 2 months ago

Should be nationalized and transformed on the Pix model.

[โ€“] roserose56@lemmy.ca -1 points 2 months ago (2 children)
[โ€“] victorz@lemmy.world 2 points 2 months ago (1 children)

Not sure why you were being down voted, but we have answers now. Check replies to my comment. ๐Ÿ˜Š

[โ€“] roserose56@lemmy.ca 2 points 2 months ago (1 children)

Yea I saw, but thanks for notifying! I get downvotes from time to time for no reason.

[โ€“] victorz@lemmy.world 1 points 2 months ago

~~Reddit~~ Lemmy being ~~Reddit~~ Lemmy.

[โ€“] PostaL@lemmy.world -1 points 2 months ago

I have the same question!

[โ€“] Schmuppes@lemmy.today 10 points 2 months ago* (last edited 2 months ago) (1 children)

I'd love to try it, but a couple weeks ago, Revolut stopped working on my phone with a custom ROM. Now my entire account is pretty much useless. At least the app still works on my old phone which is running the same custom OS, so I can pull my funds and then ditch Revolut.

[โ€“] jol@discuss.tchncs.de 6 points 2 months ago (1 children)

Have you reported it to them? Threaten to leave because of it, maybe they budge

[โ€“] Schmuppes@lemmy.today 4 points 2 months ago* (last edited 2 months ago)

Maybe I should, yeah.

Edit: Oh nice, they also barred my old phone.

[โ€“] synapse1278@lemmy.world 10 points 2 months ago* (last edited 2 months ago)

I've used Wero now a couple of times to transfer money to friends and relatives, and I found it to be very practical and fast. I hope it gains traction.

[โ€“] nao@sh.itjust.works 8 points 2 months ago (2 children)

Got to wonder what they are expecting to gain from you creating an account, must be worth more than โ‚ฌ70

[โ€“] cash@lemmy.world 8 points 2 months ago

Probably banking on new users forking out for one of the premium tiers. There's a lot of flavours, I'm happy with the basic.

[โ€“] Schmuppes@lemmy.today 3 points 2 months ago* (last edited 2 months ago)

They probably get a cut from the money you spend paying with Revolut.

[โ€“] chickenf622@sh.itjust.works 4 points 2 months ago (1 children)

Is this available to Americans? Like those who are disillusioned with most big corps that have monopolies so it's either eat shit or use their services/products.

[โ€“] XM34@feddit.org 10 points 2 months ago* (last edited 2 months ago) (1 children)

No, Wero is Europe only. It's based on SEPA instant payments which are not supported outside of the EU. It may be in the future, but as of now it isn't

[โ€“] Dequei@sopuli.xyz 4 points 2 months ago (1 children)

So... Bizum? Idk if it exists outside Spain

[โ€“] XM34@feddit.org 8 points 2 months ago

Yes, Bizum will eventually be replaced by Wero. At least that's the plan. As of right now almost every EU country has it's own instant layment system. Wero aims at replacing and unifying all of them so that you can use instant payments in other EU countries as well.

I believe the spanish banks were part of the initial launch, but dipped out last minute for whatever reason. But I'm pretty sure, once it takes off in Germany and France, Spain will follow shortly after.

[โ€“] irelephant@lemmy.dbzer0.com 3 points 2 months ago

Poob has it for you.