I recently bought something from fahrrad.de and was surprised to see Wero as an payment option. I don't know what I expected, but scanning the QR code and acknowledging the payment in my banking app worked without any issues. The whole process had a very "snappy" feeling without waiting for any of the usual spinners and redirects. So... thumbs up, I guess?
Wero shows that marketing is everything. It's just regular bank transactions with a much larger fee. We could have had EPC QR codes and similar completely free technologies instead.
Wero’s website says they don’t charge fees
So who is charging the fees?
This type of thing (scan QR code) is how basically all payments were done when I was recently in China, via wechat or alipay (either you show your QR code for big shops, or scan for small shops / vendors).
I found it superior to other systems I've used in basically every way. Particularly for small market stalls -- I scan their QR code, I enter how much I want to send them. They never get my details, I don't have to trust they didn't fat-finger the price. It also makes it amazingly easy to send money to friends, just scan their code and send them their share of dinner.
Presse release: https://einblicke.decathlon.de/presse/pressekit/digitale-inn...
In Spain we can pay using Bizum on many websites, including Amazon.
For Amazon Spain I use my debit card. Is there an upside to using Bizum?
Related:
Lidl Introduces the European Payment Method Wero in Germany
iDeal is amazing and it's great it's coming to the rest of Europe, even if they gave it a worse name.
Here in the Benelux it's the go-to payment option for ecommerce.
I think this will be a much bigger threat to Visa and Mastercard than the oft-promised digital Euro.
Afaik the system is being consolidated
https://epicompany.eu/media-insights/ideal-to-phase-into-wer...
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> I think this will be a much bigger threat to Visa and Mastercard than the oft-promised digital Euro
Wasn't the digital Euro specifically crippled due to banks lobbying against it to promote Wero instead?
I don't think the name is that bad. iDeal sounds very dated to me as a native English speaker.
[delayed]
How would you even pronounce wero as a native English speaker?
We - ro? Wer-o?
At least iDeal was unambiguous.
I agree it's always fast and convenient! It doesn't have the buyer protection you get with a credit card (it debits from your account immediately), but for most purchases that is fine.
Well I guess I have good news for you (and bad news for Dutch merchants), because Wero does offer the ability to dispute.
I actually like Wero a lot as a name, sound like virtual euro to me.