European payment alternatives: Bundesbank: interweaving Wero and digital euro
For more European independence in digital payments, the Bundesbank believes that the European Paypal alternative Wero and the digital euro should
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Summary
One offer already exists, at a second the central banks file. Since the beginning of July 2024, Wero has been offering direct mobile money payments from person to person, following the pattern of its US competitor Paypal. The goal is to introduce the digital euro for 2029.
Furthermore, According to the latest figures, there are 57 million registered Wero users in Belgium, France and Germany. In the meantime, Wero can also be used for shopping on the net at several merchants, similar to credit cards, Apple Pay, Google Pay or other comparable services. Work is underway on the introduction in the Netherlands, Luxembourg and Austria.
Cross-referenced from 5 sources.
Factual coreconfirmed by several independent voices
One offer already exists, at a second the central banks file.
reliability low1/3 sourcesSince the beginning of July 2024, Wero has been offering direct mobile money payments from person to person, following the pattern of its US competitor Paypal.
reliability low1/3 sourcesThe goal is to introduce the digital euro for 2029.
reliability low1/3 sourcesAccording to the latest figures, there are 57 million registered Wero users in Belgium, France and Germany.
reliability low1/3 sourcesIn the meantime, Wero can also be used for shopping on the net at several merchants, similar to credit cards, Apple Pay, Google Pay or other comparable services.
reliability low1/3 sourcesWork is underway on the introduction in the Netherlands, Luxembourg and Austria.
reliability low1/3 sourcesThe euro central banks have been tinkering with a digital variant of the European common currency for years and are planning to introduce the alternative to cash in 2029. (Image) Photo: Malin Wunderlich/dpa Frankfurt/Main.
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