this post was submitted on 26 May 2025
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Wero is a payment service aiming at providing a digital wallet. According to the cited article, Revolut -- a UK-based digital bank -- partners with Wero. This might be a good accelerator, as Wero was perceived quite sleepy in the past few month.

The British neobank Revolut is set to become a partner of the European payment platform “Wero”, making it the first major fintech to join the European Payments Initiative (EPI). Although Revolut will not initially become a shareholder, it plans to offer Wero as a payment option for its customers. It is a so-called “scheme member”. Up to now, EPI has mainly involved traditional banks such as Deutsche Bank, Postbank, savings banks and cooperative banks. Revolut is now bringing a breath of fresh air to the project and the pressure on other banks to implement e-commerce solutions around Wero more quickly is growing. Revolut is known for rolling out new services quickly. The partnership could therefore significantly speed up the European payment project.

Translated with deepl.

Source, German article (citing Finanz-Szene portal): https://stadt-bremerhaven.de/revolut-steigt-bei-europaeischer-bezahl-wallet-wero-ein/

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[–] MMNT@lemmy.ml 3 points 3 weeks ago (2 children)
[–] Successful_Try543@feddit.org 9 points 3 weeks ago (1 children)

A recently established European Payment service similar to PayPal. (Wikipedia)

[–] SrMono@feddit.org 4 points 3 weeks ago

Yip, providing a digital wallet by working directly with the banks. They base their services on IBAN instant transactions. I updated the post with rougher infos.

[–] cyrano@lemmy.dbzer0.com 3 points 3 weeks ago

Suppose to replace every country specific digital wallet e.g payconiq etc. Like a PayPal eu standard

[–] Successful_Try543@feddit.org 3 points 3 weeks ago* (last edited 3 weeks ago)

For anyone wondering "Stadt-Bremerhaven.de" (Wikipedia) is a 20 years old German weblog and, despite its domain, not related to the City of Bremerhaven (bremerhaven.de) (Wikipedia).

[–] zymagoras777@lemm.ee 1 points 3 weeks ago (1 children)

Isn't revolut Lithuanian based?