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Wero is coming. Currently it is only available in a few countries.
by mpol 10mo ago
Wero is coming. Currently it is only available in a few countries.
- 202508042147 10mo ago+1 for Wero! Unsure where I can see their timeline.
- pronik 10mo agoAnd within those countries in only a handful of banks. We've been here before, but as of right now, I'd give it a better chance than I'd have given just four months ago.
- sam_lowry_ 10mo agoNo it's not. Wero is another name for iDEAL, it has been pushed by Dutch, but it is an engineering fiasco. There is no way Poland would adopt it. Blik is just on another level price- and feature-wise.
- Cwizard 10mo agoI am unfamiliar with Wero. Can you explain why it is an engineering fiasco? Side note: Looking at their job listings I don't see any engineering positions (with the exception of a security engineer which is a grey area in a bank IMO), only managers and business roles.
- sam_lowry_ 10mo agoI see one engineering job ad https://careers.epicompany.eu/jobs/6909459-senior-full-stack-engineer-digital-identity-eudi-wallet-eidas2-remote-first https://careers.epicompany.eu/jobs/6909459-senior-full-stack... if we can call EU Digital Wallet speculation "engineering". But you just answered your own question. Wero is a money extraction business that secured European Commission support. There is no engineering nor payment system to it.
- woodpanel 10mo agowhat ever "money extraction business" means - wero is a real thing people (me included) are already using and developed jointly by many european banks.
- sam_lowry_ 10mo agoOld Dutch banks and their Belgian suckers, mostly. You can see a list on their website. I am not deep into this, but I heard multiple times that the choice of the pan-european payment system was largely political and technnically suboptimal. Old Europe pushed for the aging iDEAL against a much more advanced Blink, so Eastern European banks led by Poland left the consortium. In the end, iDEAL rebranded as Wero was dead on arrival because a successful system needs to be supported by everyone.
- woodpanel 10mo agoSounds more like you have some axe to grind https://epicompany.eu/members https://epicompany.eu/members
- sam_lowry_ 10mo agoOthers joined quite recently, indeed. Wikipedia gives an overview by year. As for the axe, I have no personal interest.
- seec 10mo agoI have no idea what you are talking about. I have been using Wero for a while in France and it works just fine and is completely free. It's basically instant bank transfer without any fee or limitation on how many you can do.
- hermanzegerman 10mo agoThe big European countries adopt it, so if Poland will adopt it or not won't matter in the short term, in the long term merchants will accept it as they do it with Alipay and other more obscure stuff
- FireInsight 10mo agoI recently heard of Wero and it seemed promising. What makes Blik so much better in your opinion?
- _bent 10mo agoWero is a land grab by the banks who fumbled building a PayPal alternative for 20 years, now desperately trying to stop the digital Euro. Sure I'd rather use Wero than PayPal -if it was decent- and building it on top of SEPA instant transactions is neat. But the lack of buyers protection is a deal breaker for me! And quite frankly I'd rather use a digital Euro governed by the ECB than some rent seeking hobby project by a bunch of private banks. Especially because they will inevitably enshittify it with ads and hostile BNPL like PayPal.