European payment platform Wero, major competitor of US's Paypal and other payment service providers, reached a record 30 million users at the beginning of 2025.
Payment platform Wero continues European expansion | Biometric Update
My Dutch bank hasn't adpoted it yet. Still on iDEAL, which makes me sad.
Correct. Wero is basically iDeal and the main Dutch banks are part of the consortium pushing it.
The Wero consortium prioritized expanding towards the broader European market first.
Transitioning from iDeal to Wero in the Netherlands is a lesser priority.
What's wrong with iDEAL?
It's pretty good and should be adopted eu-wide. That's wero instead, and now or system is still incompatible.
American tech companies won because offered their products globaly and often localized. Many European companies concentrate on their domestic market (or say german speaking, french speaking markets) and don't really care about smaller markets of smaller european countries.
I hope Wero won't go this way and become true paneuropean payment system.
I'm wondering how hard Poland will fight to keep BLIK. The largest bank PKO BP left European Payment Initiative at the time that Wero was supposed to be a competitor to the US card payment duopoly rather than PayPal.
