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iDEAL becomes Wero after takeover by European banks

Summary by RTL Nieuws
The takeover of the Dutch payment system iDEAL by the European Payments Initiative (EPI) is complete. iDEAL should become the basis of a European payment system and a new digital wallet. They will be named Wero and will also replace iDEAL from 2025.

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The takeover of the Dutch payment system iDEAL by the European Payments Initiative (EPI) is complete. iDEAL should become the basis of a European payment system and a new digital wallet. They will be named Wero and will also replace iDEAL from 2025.

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RTL Nieuws broke the news in on Wednesday, November 1, 2023.
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