If in the EU. Try WERO and tell your bank how to make it better if you truly care about an alternative to PayPal and the Visa/Master duopoly.
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A first step could be that banks offering acceptance of #wero payments stopped making the price a secret.
My advice: start wero with really attractive prices (say, no more than 0.5 to 1% of payment) and make these prices Public.
@Jtuchel Which fees? Wero for person to person transactions is completely free. If a bank decides to add their own fees, that would be a reason for me to avoid that bank.
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@Jtuchel Which fees? Wero for person to person transactions is completely free. If a bank decides to add their own fees, that would be a reason for me to avoid that bank.
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I use it often to transfer money to friends/family but to replace Visa/Mastercard we’ll need the payment system which is not yet available.
And to replace PayPal, the vendor website should allow it as an option, so this will take some times.@tinsjourney I am looking into using it for our SaaS, which would mean #b2b online-checkout.
I am trying to find out whether it is worth the effort of developing an integration. So far, I haven't found much for my list of PRO-arguments...I guess p2p-payments will never finance #wero. Banks need margin.
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@kelvan It is a bit more. First we had the SEPA system to make transfers across many EU countries easy (and free). Then we added direct and real-time A2A (Account to Account) transfers (also for free) and now Wero as the top layer for simplicity. Soon PoS (Point of Sale) systems will join and online stores will also be ablate use (rollout has started). All of this without the need for a middle man and under EU data protection rules.
this really is a dream. Imagine keeping Visa/Mastercard and Apple/Google out of the business and simply pay by using yopur phone at the cashier in your favorite supermarket or kebab shop.
I would absolutely love to see this happen rather sooner than later.
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@ruthpozuelo Swish is free to join Wero, that’s their decision to make. When enough users ask them to, they will.
@jwildeboer Most users dont care or know about it.
This needs to be a EU initiative so banks are ”forced” into it. Same as they did with roaming.
Insane this is a thing in 2026…
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"But I have Bizum and it's so good" -> It joins Wero https://epicompany.eu/media-insights/europa-and-epi-launch-collaboration-to-expand-sovereign-pan-european-payments
"But I have iDeal and it's so good" -> It joins Wero https://ideal.nl/en/naar-wero
"My bank doesn't support it" -> Other banks do, switch, maybe?
FYI: "Bancomat, Bizum, EPI, SIBS and Vipps MobilePay sign MoU to accelerate the rollout of sovereign, pan-european payment solutions" https://epicompany.eu/media-insights/bancomat-bizum-epi-sibs-and-vipps-mobilepay-sign-mou-to-accelerate-the-rollout-of-sovereign-pan-european-payment-solutions
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FYI: "Bancomat, Bizum, EPI, SIBS and Vipps MobilePay sign MoU to accelerate the rollout of sovereign, pan-european payment solutions" https://epicompany.eu/media-insights/bancomat-bizum-epi-sibs-and-vipps-mobilepay-sign-mou-to-accelerate-the-rollout-of-sovereign-pan-european-payment-solutions
#wero is cool, but the #digitaleuro is the revolution (for Europe that is, China has a digital yuan already for some time).
On the frontend its all bits over the wire but in the backend it does matter which ledger you ultimately connect to..., i.e., private bank money versus sovereign money.
(Now I go to bed to avoid all the noise about the big brother central bank monitoring all our precious transactions
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FYI: "Bancomat, Bizum, EPI, SIBS and Vipps MobilePay sign MoU to accelerate the rollout of sovereign, pan-european payment solutions" https://epicompany.eu/media-insights/bancomat-bizum-epi-sibs-and-vipps-mobilepay-sign-mou-to-accelerate-the-rollout-of-sovereign-pan-european-payment-solutions
@jwildeboer Never heard any of those names except Bancomat
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@jwildeboer Never heard any of those names except Bancomat
@masek @jwildeboer Mobilepay is huge in Finland.
All the kiosks and fundraising accept and usually prefer mobilepay, moving money between friends is done mostly with mobilepay.
Nice to see them joining Wero. It might have a chance. According to the press release 72% of all europeans could use wero soon. Thats quite good coverage. -
#wero is cool, but the #digitaleuro is the revolution (for Europe that is, China has a digital yuan already for some time).
On the frontend its all bits over the wire but in the backend it does matter which ledger you ultimately connect to..., i.e., private bank money versus sovereign money.
(Now I go to bed to avoid all the noise about the big brother central bank monitoring all our precious transactions
)@openrisk Sleep well
But why does it have to be an either/or? Who knows, Wero as the app to pay with the digital Euro. The important thing to me is: more currency sovereignty for the Eurozone is coming. And that is a good thing -
@openrisk Sleep well
But why does it have to be an either/or? Who knows, Wero as the app to pay with the digital Euro. The important thing to me is: more currency sovereignty for the Eurozone is coming. And that is a good thing @jwildeboer well there is a bit of a tussle between the banking industry and the central bank, as digital central bank cash could be quite disruptive, depending on its features. But the Chinese experience seems to be meh, much ado. In any case implementation, AML etc. will have to be by the private sector, so indeed it will be some integration and coexistence of protocols.
Very important indeed towards digital sovereignty. Imho more important in the longer term than the cloud stuff.
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FYI: "Bancomat, Bizum, EPI, SIBS and Vipps MobilePay sign MoU to accelerate the rollout of sovereign, pan-european payment solutions" https://epicompany.eu/media-insights/bancomat-bizum-epi-sibs-and-vipps-mobilepay-sign-mou-to-accelerate-the-rollout-of-sovereign-pan-european-payment-solutions
"[...] the European Payments Initiative (EPI) and the EuroPA Alliance signed a landmark agreement to build a pan-European interoperable payment network covering 130 million users across 13 countries. The system, built around the digital wallet Wero, aims to let Europeans pay and transfer money across borders without touching a single American network."
Europe's $24 Trillion Breakup With Visa and Mastercard
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
European Business Magazine (europeanbusinessmagazine.com)
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"[...] the European Payments Initiative (EPI) and the EuroPA Alliance signed a landmark agreement to build a pan-European interoperable payment network covering 130 million users across 13 countries. The system, built around the digital wallet Wero, aims to let Europeans pay and transfer money across borders without touching a single American network."
Europe's $24 Trillion Breakup With Visa and Mastercard
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
European Business Magazine (europeanbusinessmagazine.com)
@jwildeboer awesome, hope it expands to Australia once the EU rollout is done. Would be happy to avoid visa / PayPal / apple pay etc
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"[...] the European Payments Initiative (EPI) and the EuroPA Alliance signed a landmark agreement to build a pan-European interoperable payment network covering 130 million users across 13 countries. The system, built around the digital wallet Wero, aims to let Europeans pay and transfer money across borders without touching a single American network."
Europe's $24 Trillion Breakup With Visa and Mastercard
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
European Business Magazine (europeanbusinessmagazine.com)
@jwildeboer I just hope there will come some real alternatives in the Nordics, as #Vipps is a piece of sh.... Especially for users on #degoogled Android. It so often requires a full reset and re-login to activate it because it believes the non-rooted phone is rooted. This is the only banking app I have used which behaves like that. The issue has been reported and ignored by them multiple times.
I've also worked in the bank where Vipps originates from ... That also is of great concern, as the working morale in the division I was in was depressing. I hope the branching out of Vipps to a separate company has helped. But given the ignorance to fixing issues, I have strong doubts. Adding more features which enables user tracking and moving towards a marketplace app has way more attention.
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"[...] the European Payments Initiative (EPI) and the EuroPA Alliance signed a landmark agreement to build a pan-European interoperable payment network covering 130 million users across 13 countries. The system, built around the digital wallet Wero, aims to let Europeans pay and transfer money across borders without touching a single American network."
Europe's $24 Trillion Breakup With Visa and Mastercard
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
European Business Magazine (europeanbusinessmagazine.com)
@jwildeboer Let's hope it's mobile implementation will be work on degoogled androids and linux phones.
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"[...] the European Payments Initiative (EPI) and the EuroPA Alliance signed a landmark agreement to build a pan-European interoperable payment network covering 130 million users across 13 countries. The system, built around the digital wallet Wero, aims to let Europeans pay and transfer money across borders without touching a single American network."
Europe's $24 Trillion Breakup With Visa and Mastercard
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
European Business Magazine (europeanbusinessmagazine.com)
(And to all the reply-guys with their "Yes, but what about my de-googled phone?" You are the 0.001% of users. You made your choice to use a setup of which you knew it will not always work. I hope you can switch to a bank that supports your setup. In my personal opinion the decoupling from the Master/Visa duopoly is however far more important.)
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@jwildeboer I just hope there will come some real alternatives in the Nordics, as #Vipps is a piece of sh.... Especially for users on #degoogled Android. It so often requires a full reset and re-login to activate it because it believes the non-rooted phone is rooted. This is the only banking app I have used which behaves like that. The issue has been reported and ignored by them multiple times.
I've also worked in the bank where Vipps originates from ... That also is of great concern, as the working morale in the division I was in was depressing. I hope the branching out of Vipps to a separate company has helped. But given the ignorance to fixing issues, I have strong doubts. Adding more features which enables user tracking and moving towards a marketplace app has way more attention.
@dazo @jwildeboer Vipps MobilePay is part of it, so probably not.
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"[...] the European Payments Initiative (EPI) and the EuroPA Alliance signed a landmark agreement to build a pan-European interoperable payment network covering 130 million users across 13 countries. The system, built around the digital wallet Wero, aims to let Europeans pay and transfer money across borders without touching a single American network."
Europe's $24 Trillion Breakup With Visa and Mastercard
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
European Business Magazine (europeanbusinessmagazine.com)
Jetzt wenn das Ding noch am Computer funktionieren würde, ohne Handy…
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"[...] the European Payments Initiative (EPI) and the EuroPA Alliance signed a landmark agreement to build a pan-European interoperable payment network covering 130 million users across 13 countries. The system, built around the digital wallet Wero, aims to let Europeans pay and transfer money across borders without touching a single American network."
Europe's $24 Trillion Breakup With Visa and Mastercard
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
European Business Magazine (europeanbusinessmagazine.com)
@jwildeboer Ye pushing this Wero as something that "[does not touch] a single American network" is really sloppy. Wero can only run on devices with Android or Ios! Why doesn't anybody higher up in the food chain seem to understand this?
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Jetzt wenn das Ding noch am Computer funktionieren würde, ohne Handy…
@m_berberich Da musst du bei deiner Bank fragen ob sie das in ihrem Web Angebot einbinden können.
