Wero
Last updated:
Apr 2, 2025
Launched in 2024 by the European Payments Initiative (EPI), Wero is a mobile-first digital wallet designed to provide a sovereign, pan-European alternative to existing payment systems. Developed in collaboration with major European banks, Wero aims to unify digital payments across the continent.
Key features include:
Instant Payments: Send and receive money between bank accounts in under 10 seconds, 24/7.
User-Friendly Interface: Utilize phone numbers or email addresses for transactions, eliminating the need for IBANs.
QR Code Functionality: Generate and scan QR codes for seamless payments.
Cross-Border Transactions: Facilitates payments across Belgium, France, and Germany, with plans to expand to other European countries.
Alternative to:
PayPal
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