Competition for Paypal and Co.: European Payment Service Starts with Online Purchases

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From Apple Pay to Klarna and Paypal to Visa: When buying online, consumers can usually choose between payment methods. Now another one is added.

IT Finanzmagazin

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The Wero payment service, launched by the European Payment Initiative (EPI) in 2024, is expected to be available for online shopping in fall 2025. This was announced by the Bavarian Savings Banks Association (SVB) in Munich, according to dpa. With this step, Wero will compete with US payment services like PayPal. According to SVB Vice President Stefan... The article "Competing with PayPal: Wero Becomes a European Online Payment Service" first ap…

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From Apple Pay to Klarna and Paypal to Visa: When buying online, consumers can usually choose between payment methods. Wero is now added.