"We Don't Need a New ECB App

Sueddeutsche Zeitung

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The payment service Wero is to become the European alternative to Apple Pay, Paypal and Co. In conversation with the SZ, Wero CEO Martina Weimert criticises that the EU wants to build double structures with the planned digital euro.

berliner-sonntagsblatt.de

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The head of the payment service Wero has sharply criticized the European Central Bank's plans for a digital euro. While she has nothing against the digital euro itself, Martina Weimert, head of the European Payments Initiative (EPI), told the Süddeutsche Zeitung (Tuesday edition), "the idea of choosing European standards now is simply five years too late." Wero, the payment service backed by around 50 European banks, was required to define preci…