Wero goes live for Dutch e-commerce as iDEAL migration begins - The Digital Banker
thedigitalbanker.com
Photo: Martina Weimert, chief executive, European Payments Initiative

cross-posted from: https://scribe.disroot.org/post/12165459

For most Dutch shoppers, iDEAL has simply been how you pay online. Since 26 October, customers of 11 Dutch banks have been able to pay merchants online with Wero, the wallet run by the European Payments Initiative (EPI). The banks are ABN AMRO, ASN Bank, bunq, BUUT, Finom, ING, Knab, Nationale-Nederlanden, Rabobank, Triodos Bank and Van Lanschot Kempen. Merchants can now start switching through their payment service providers, and EPI aims to complete the migration by the end of 2027.

EPI’s chief executive, Martina Weimert, described seeing Wero inside Dutch shareholders’ banking apps as “definitely the milestone” the company had been working towards.

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Wero sits inside a broader European debate about reducing reliance on non-European card schemes and wallets. EPI is backed by 18 banks and payment providers. The planned European Network for Payments aims to connect schemes serving around 130 million users in 13 countries. Meanwhile, the ECB is preparing the digital euro. It has pointed to a pilot in 2027 and potential first issuance in 2029, subject to legislation.

The two are often presented as complementary, a private bank-led wallet and public money underneath. In practice, banks, merchants and regulators will need to decide how much overlap the market can sustain. They will also need to settle who bears the cost of acceptance and integration.

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Archived

  • Synapse@lemmy.worldEnglish
    11·
    3 days ago

    I was happily surprised few weeks ago when I could make an online purchase with Wero, on a German website. Hope this system gains traction and stays straight forward and simple like it is now.

    Some effort must be made to make the registration process simpler. Although, I didn’t feel it was complicated, some people around me have not made the step even after I pitch them the service and seemed convinced it’s nice.

    • Ghoelian@piefed.socialEnglish
      7·
      3 days ago

      You don’t use wero with their app, you use it with your bank.

      How it works now with ideal is that on the ideal screen, you select your bank. What happens after that is up to the bank, but most here show a qr code you have to scan with the banks app, but there are still a few banks that support a physical device as second factor.

      • 7EP6vuI@feddit.orgEnglish
        2·
        3 days ago

        yes, its working from within some banking apps, but it’s still apps on a mobile device, not websites on a pc (?)

        • Ghoelian@piefed.socialEnglish
          3·
          2 days ago

          Well that’s up to the bank, wero doesn’t require any of that. Though yeah in practice most of these will be mobile apps unfortunately.

            • Ghoelian@piefed.socialEnglish
              2·
              2 days ago

              Yeah basically any bank that still allows you to verify with a physical device. In the Netherlands there is ABN, Rabobank (anyone who I used them before like 2015 or so probably remembers their random reader, those sill exist), SNS, and Regiobank.

      • Ghoelian@piefed.socialEnglish
        2·
        3 days ago

        I think that app is just for their own wallet thing, which is used for sending money between people.

    • psyq@piefed.socialEnglish
      7·
      3 days ago

      I’m curious too, especially because this in effect means it relies on US technology and services. If the US government were to cut off Master Card and Visa and then presses the off switch on those app stores or Google Play Services for Europe, you’re not going to be able to pay, whether it’s through Wero or through a US-run credit/debit card.

      We have the same problem in Switzerland, we’ve had something like Wero for a decade (it’s called Twint) but the damn thing runs on Google Cloud Platform and is an app that’s exclusive to iOS and Android.

      • haagch@lemmy.worldEnglish
        2·
        3 days ago

        Many dutch banks did offer ideal in their onlinebanking webinterface and allowed using it with a hardware tan generator (“scanner”). Several banks like ing and asn have already cut off their web users from ideal | wero. Some others like rabobank and abn amro have said the previous partial transition would not change anything with regards to their webinterface: https://nltimes.nl/2026/07/31/ing-scanner-users-unable-use-wero-payments-ideal-switch

        However that partial transition was to put some parts of the backend on the wero infrastructure. This news right now is apparently the frontend part. It would be extremely interesting to know whether someone is still able to use the webinterface for actual full wero payments, either with or without activating the actual full wero in their banking app in parallel. So far I have not seen anyone post about this. And by now I just don’t expect journalists to ask questions about a world outside Google and Apple.

  • ExLisper@lemmy.curiana.netEnglish
    31·
    2 days ago

    I’ve just checked and Bizum already covers 60% of physical stores in Spain. I never paid with my phone but now I set it up and will try to use Bizum instead of card when possible.