71–80 of 242 posts
Wero is such a valuable asset for Europe and couldn't have come at a better time. It's built on the excellent SEPA system, which standardized bank transfers and "Lastschrift" in Europe. SEPA itself got a huge upgrade last year with mandatory instant transfers that cannot cost more than standard transfers between European checking accounts. Both of those allowed Wero to happen as a final abstract top layer, meaning: t…
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That's like, literally impossible? "Hey I just invented ameliuspay, your shop doesn't support it, go directly to jail" The closest you have is SEPA because it's universal on all Euro bank accounts. And many webshops do offer it. It doesn't integrate into credit card workflows because it's a push payment - you have to go to your banking app, type the details and send the money, while the website waits. Some people mig…
If ameliuspay is properly registered with the EU payment processor platform, then it should automatically appear as an option in the webshop.
I need to use this thread to mention the Polish payment system Blik. It is one of the most convenient payment systems out there - you generate an ephemeral 6-digit code in your banking app, copy it to the vendor, confirm, done. Works P2P with phone numbers, too. Interestingly, it would be the perfect system for payments using AI agents - the agent tries to pay, asks user to provide 6-digit code, submits payment reque…
I need to use this thread to mention the Polish payment system Blik. It is one of the most convenient payment systems out there - you generate an ephemeral 6-digit code in your banking app, copy it to the vendor, confirm, done. Works P2P with phone numbers, too. Interestingly, it would be the perfect system for payments using AI agents - the agent tries to pay, asks user to provide 6-digit code, submits payment reque…
Earlier quoted context omitted.
Note that Wero is amongs others based on the Dutch iDEAL [1] system, which was introduced 21 years ago. Virtually every Dutch web shop supports iDEAL (and many only support iDEAL) as well as international payment services such as PayPal and Stripe. As a result, the vast majority of transactions of Dutch webshops go through iDEAL. It is really a super-nice frictionless system. iDEAL also supports P2P payments through…
It's not the same system. iDEAL supports banks to implement payment in their online banking websites, while Wero is Google/Apple ecosystem exclusive.
It’s also a response to the ECB’s digital Euro, a way that banks show the central bank “hey, we the banks are actually capable of creating a good EU-level payment system”.
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It's not the same system. iDEAL supports banks to implement payment in their online banking websites, while Wero is Google/Apple ecosystem exclusive.
> while Wero is Google/Apple ecosystem exclusive It's barely launched in more than 5 EU countries. It's not part of the specs or requirements to only be available in the Google / Apple ecosystem.
but at the moment, it is. so he's right to be nervous. from one american duopoly to another.
but i share your optimism that they eventually allow this to work without them.
I always use Paypal because they have buyers protection, and this has already saved me countless of times. Would like to see if this is also offered in the Wero ecosystem?
Wero is such a valuable asset for Europe and couldn't have come at a better time. It's built on the excellent SEPA system, which standardized bank transfers and "Lastschrift" in Europe. SEPA itself got a huge upgrade last year with mandatory instant transfers that cannot cost more than standard transfers between European checking accounts. Both of those allowed Wero to happen as a final abstract top layer, meaning: t…
Note that Wero is amongs others based on the Dutch iDEAL [1] system, which was introduced 21 years ago. Virtually every Dutch web shop supports iDEAL (and many only support iDEAL) as well as international payment services such as PayPal and Stripe. As a result, the vast majority of transactions of Dutch webshops go through iDEAL. It is really a super-nice frictionless system. iDEAL also supports P2P payments through…