WERO is starting to connect businesses and will support both offline and online merchants. The payment method will be able to handle:
🟢 subscriptions (similar to cards and PayPal);
🟢 one-off instant payments;
🟢 one-off deferred payments (e.g. paying for goods only after delivery, rather than upfront)
Supported by 16 European banks and two acquirers, including BNP Paribas, Deutsche Bank and the Worldline payment system, the project will be the first pan-European single market payment solution.
In less than 2 years, WERO has managed to successfully launch in Western countries, which, let’s face it, is a major step for the European bureaucracy. All this rush without too much cover is motivated by the task of toppling Visa, Mastercard and PayPal.
In parallel, the anti-monopoly court continues to fight for lower card rates. The monopoly of American payment systems is frowned upon, while WERO itself is positioned as a future monopolist and the most used wallet in the EU.
