Overview

• Sparkasse will discontinue giropay | Kwitt by August 25, 2025 and is directing customers to switch to Wero for mobile payments.
• According to Sparkasse, Wero can be activated in seconds and enables sub‑10‑second transfers without an IBAN, using a recipient’s phone number or email.
• A Verivox survey of 1,031 people finds 30% in Germany are aware of Wero, about 10% report registering, roughly 4% have used it, and 45% expect it to succeed against established rivals.
• Wero currently supports only account‑to‑account payments between users who have activated the service, despite earlier guidance that online checkout could arrive this summer.
• ING has announced it will offer Wero to its customers in Germany.