The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (July 2024) |
Type of site | Mobile payment |
---|---|
Area served | West Europe |
URL | wero-wallet |
Launched | 2024 |
Native client(s) on | iOS, Android |
Wero is a European mobile payment system intended to replace Giropay in Germany, Paylib in France and to complement Payconiq in Belgium.[1] The service was launched on 2 July 2024 by the European Payments Initiative.[2] The service has the goal to being a competitor for PayPal and similar services, but from the beginning as a real-time payment system and later with extended online payment function.
The name is a portmanteau made up of the English personal pronoun we and the European's common currency's name Euro, but is also based on the Italian vero (true).[3]