Can anyone explain me exactly why it is a suitable alternative to VISA and Mastercard (and why people were waiting for it). I am trying to understand the full picture here, so multiple things come to my mind. First, SEPA instant payments already exist and are really instant up to a certain amount, and I am guessing that Wero builds on top of that a sort of identity layer, to sidestep the whole IBAN thing. But it is l…
It's really simple. You're in the Netherlands, and you are going to buy something in an on-line store. Steam perhaps, or any Dutch retailer. You put the game in your Steam cart, and go to pay. You select Ideal (which Steam provides as an option), you pick your bank, and you follow the on-screen instructions (but you probably do that pretty much automatically). Usually that means scanning a QR code with your bank app…
That's nice for ideal users, but Wero here in Germany is completely exclusive to mobile banking apps.
I have yet to see any actual confirmation in any way that ideal will keep the alternative web based payment once they fully merge with Wero. On the one hand, EPI never puts out any concrete info, on the other hand no Journalist ever seems to ask EPI representatives the important questions.