Wero is now available on Revolut
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[โ€“] 16 points 1 year ago (12 children)
  • [โ€“] 33 points 1 year 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

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  • [โ€“] 19 points 1 year ago* (last edited 1 year ago) (5 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.

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  • [โ€“] 0 points 1 year ago (4 children)
  • [โ€“] 2 points 1 year ago (2 children)

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

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