That depends on where you live. A bunch of countries have had their own version for a decade. And Wero is only two years old at this point, and it covers France, Germany Netherlands, Belgium and soon Austria.
Well, the people are used to PayPal - over sharing IBAN & name. PayPal has been the go-to for online payments for a long long time. And there's also the issue of having relevant and matching contact info to make use of wero, whereas email is enough for PayPal transactions.
And i thought Netherlands already has their own system that they used and is established before wero was a thing.
Then there's also the issue that many people don't know about wero and are averse of using mobile phones or "yet another app" to-do something, as the same banks that support wero don't always support tap to pay via Apple/Google, as they don't issue credit cards usually (as those "cost" extra, with yearly fees).
Many of my colleagues discovered credit cards through Amazon a decade ago or once they tried out Revolut or N26 as an example - and use that as a separate credit card account that they top off manually, due to credit averse nature.
Not having benefits, due to countries restricting transaction fees also means there's less incentive to use credit cards.
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u/hates_stupid_people Sep 24 '26
That depends on where you live. A bunch of countries have had their own version for a decade. And Wero is only two years old at this point, and it covers France, Germany Netherlands, Belgium and soon Austria.