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[โ€“] 8 points 8 months ago (4 children)

Blik launched at 2015, WERO at 2024. Itโ€™s WERO building a competitor instead of joining.

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  • [โ€“] 5 points 8 months ago (2 children)

    WERO is based on Ideal, which is in use since 2006.

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  • [โ€“] 4 points 8 months ago* (1 child)

    Donโ€™t know what you mean by based. Yes, same banks are backing WERO as iDEAL. WERO site explicitly says itโ€™s new infrastructure and they are migrating, not upgrading.

    But itโ€™s also has nothing to do with WERO vs BLIK. WERO-backing banks donโ€™t give a shit about Polandโ€™s users. Or they simply do not operate in Poland. Say ING, they operate in Poland since 1988 but didnโ€™t manage to rollout neither iDEAL nor WERO. Moreover Polish branch of ING supports BLIK. I donโ€™t know why they cut off Polish users from WERO.

    Iโ€™m pretty sure both BLIK and WERO banks would like to keep tech for themselves for sometime to make it selling point against competitors on local markets.

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  • [โ€“] 2 points 8 months ago

    iDEAL is Dutch only. WERO is made by (some of) the people behind iDEAL (amongst others), which is also why iDEAL is turning into WERO soon-ish.

    WERO is also just barely out of the womb and is slowly rolling out to a handful of countries first. The idea is that that rollout will grow to other countries after it settles a bit.

    BLIK and WERO operate in different "markets" because Poland pays with the Polish Zล‚oty (PLN), whereas WERO focuses on the Euro. Polish banks were originally involved with the project however, but they withdrew in 2022 (back when the plan was still to setup a rival card network to VISA/MasterCard).

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