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Lidl Introduces the European Payment Method Wero in Germany

unternehmen.lidl.de

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Re: Lidl Introduces the European Payment Method Wero in Germany

#21

Post by akimbostrawman »

kubb wrote: post #10

Can't wait for digital Euro, that will be a game changer. Offline transactions via NFC will leave no traceable record. The anonymity of cash with the convenience of contactless payments. If Wero is executed well, I'll use it for sure in the meantime.

>will leave no traceable record. The anonymity of cash with the convenience of contactless payments

That will never be allowed to happen. There is a reason monero xmr which already offers more anonymity and privacy than cash, is being criminalized and suppressed in the EU.

Re: Lidl Introduces the European Payment Method Wero in Germany

#22

Post by Markoff »

I don't understand the point, why you need special payment system when you have instant SEPA bank transfers with QR code with any bank? Slovakia made this mandatory recently, every shop must offer QR code payment, the don't have to provide card payment, but they must provide cashless QR code payment, pretty good idea, you can keep using your bank and EU doesn't need to rely on US card companies and there is no need for some 3rd party like Wero at all to come between your bank and shop bank, you send it directly from your account to shop account without middleman.

Re: Lidl Introduces the European Payment Method Wero in Germany

#23

Post by kubb »

akimbostrawman wrote: post #21
kubb wrote: post #10

Can't wait for digital Euro, that will be a game changer. Offline transactions via NFC will leave no traceable record. The anonymity of cash with the convenience of contactless payments. If Wero is executed well, I'll use it for sure in the meantime.

>will leave no traceable record. The anonymity of cash with the convenience of contactless payments That will never be allowed to happen. There is a reason monero xmr which already offers more anonymity and privacy than cash, is being criminalized and suppressed in the EU.

I see it happening with a transaction limit.

Obviously transferring millions with a tap brings its own risk.

Re: Lidl Introduces the European Payment Method Wero in Germany

#24

Post by xela79 »

Aachen wrote: post #13
fjfaase wrote: post #2

Wero is a European wide payment system. In the Netherlands it replaces iDeal, which has been the (almost) universal payment method for webshops in the Netherlands. In not all European countries such payment systems are used as widespread as in the Netherlands. Wero is actually a payment broker as it usually connects with the payment system (often a banking app) of your choice.

> Wero is actually a payment broker as it usually connects with the payment system (often a banking app) of your choice. Except you don't have a choice. It's not like iDeal where you can just use your bank's regular login method to pay; this requires making a big tech account to download some app where maybe it then works if it likes your device. IDeal always worked in a browser. Why change a running system with a le…

> It's not like iDeal where you can just use your bank's regular login method to pay; this requires making a big tech account to download some app where maybe it then works if it likes your device.

in Belgium wero doesn't need any "big tech account" or whatever that means. it's natively build into banking apps , eg: https://www.kbc.be/retail/en/products/payments/self-banking/... https://www.bnpparibasfortis.be/en/public/individuals/daily-... etc

and since BNP is french, most likely for France peeps same (i)deal

Re: Lidl Introduces the European Payment Method Wero in Germany

#25

Post by xela79 »

drnick1 wrote: post #7
a_paddy wrote: post #5

Intentional or not, this move reduces the influence of US owned payment networks MasterCard & Visa.

But this system is probably tied to Google and Apple's "device attestation." Don't worry, it's in the name of security!

>But this system is probably tied to Google and Apple's "device attestation."

any banking app for the last 20 years has basically been available only on google and apple devices, (none jailbroken, none rooted) to do proper attestation. So how this different...

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