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Wero Live in Three Countries as Community Tracker Maps Patchy Rollout

Linking accounts to phone numbers, Wero enables instant transfers that simplify small payments.

Overview

  • Wero is operational in France, Germany and Belgium and can be used for person-to-person payments and some online checkouts.
  • Werotracker.eu, a volunteer-run web app, compiles official announcements and user reports into a color-coded, sortable list of banks and merchants that support Wero.
  • ING has announced plans to let customers send money in real time using a phone number or email as the payment identifier.
  • Wero adoption among banks and online shops remains uneven because banks must enable the service and merchants must add a separate integration to accept it.
  • The European Payment Initiative developed Wero to offer a Europe-focused alternative to US payment platforms and wider rollouts by other banks and countries will determine how quickly consumers can use it everywhere.