Wero (payment)

wero
Type of site
Mobile payment
Area servedWest Europe
URLwero-wallet.eu
Launched2024
Native client(s) oniOS, 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 intends to compete with PayPal and similar services, 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]

  1. ^ TestAchats (12 September 2024). "Wero : nouveau système de paiement lancé en Belgique". Testachats (in French). Retrieved 15 September 2024.
  2. ^ "EPI launches wero". European Payments Initiative. 2024. Archived from the original on 2 July 2024.
  3. ^ Atzler, Elisabeth (7 September 2023). "Neuer europäischer Zahlungsdienst soll 'Wero' heißen". Handelsblatt. Retrieved 5 November 2024.