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Decathlon Germany adds Wero payment option to decathlon.de website

sgieurope.com

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Re: Decathlon Germany adds Wero payment option to decathlon.de website

#81

Post by alibarber »

janandonly wrote: post #33

Why is this news? In the Netherlands the ideal system is already replaced by Wero ? What am I missing.

Apparently, and I quote from the article (definitely not an LLM):

"Decathlon didn’t just add a new payment button to its German checkout page. It handed European banks their first big-box sporting goods test case at a moment when competition in digital payments is intensifying and the push for EU-made payment infrastructure is growing."

I've been able to make payments for sporting goods shops here in Finland with a push-payment-local-bank-account flow from the checkout for years, but clearly they weren't European enough.

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#82

Post by dewey »

peter_stokes wrote: post #77
dewey wrote: post #69

Earlier quoted context omitted.

> 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.

> 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.

The commenter is stating that as a fact, which is spreading information that's not true to others reading that.

Perfect is the enemy of good as always. Having a system that is currently available on the two biggest mobile platforms for the launch (Covering probably 99.9% of consumers) is already much better than piping every single transaction through two US mega corps.

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#83

Post by microtonal »

edwinjm wrote: post #79
microtonal wrote: post #52

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…

What was the iDEAL payment option now says iDeal WERO. The Dutch are already using WERO for a couple of months now.

Not really. They just changed the logo to make people get used to the name. The next phase where they start migrating the iDEAL infra into Wero starts in October:

https://www.betaalvereniging.nl/actueel/volgende-fase-migrat...

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#84

Post by sajithdilshan »

marginalien wrote: post #60
mkrecny wrote: post #34

I get that this is a good thing and long overdue - but the excitement here just underscores for me how expectations in Europe for Europe doing anything truly cutting edge are low.

I think EU citizens are excited mainly because of winning back their digital sovereignty, nobody said this would be cutting edge technology. Actually the simplicity of the solution is key (Wero is based on EU’s proven SEPA Instant Payment rails). That being said, what I do not like about Wero is that some parts of the infrastructure is based on AWS and or Google cloud; hopefully they will switch to European clouds, s…

I wouldn't count on that, in-order to provide rock solid financial service, you definitely need a reliable cloud provider. There is no true equivalent in EU for a cloud provider like that at the moment

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#85

Post by toomuchtodo »

haagch wrote: post #55
anticrymactic wrote: post #25

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…

> No account necessary and no private american conglomerates can delete that account. Officially you need a Google or Apple account to download a wero capable app from their stores, and Google and Apple can always delete all wero capable apps from their stores like for example with Russian sanctioned banks. Some banking apps work on non - google play controlled android smartphones, but always only accidentally. Some…

It’s fine to decouple from US payment and financial infra today and punt on decoupling from US big tech in the future. These changes take time and effort at scale, so it’s about being directionally accurate, not doing all the changes all at once. “You eat an elephant one bite at a time.” Europe is eating the financial infra bites right now. There are other bites to be taken over the next several years.

Similar to Airbus moving critical apps from AWS to France’s Scaleway. Flexing the muscle needed to do the rest, and starting with the most important.

https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu...

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#86

Post by edwinjm »

dgellow wrote: post #49
janandonly wrote: post #33

Why is this news? In the Netherlands the ideal system is already replaced by Wero ? What am I missing.

It’s not about the Netherlands, that’s what you seem to be misunderstanding

The article is about Europe and the last time I checked, the Netherlands is in Europe.

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#87

Post by sebtron »

microtonal wrote: post #66
haagch wrote: post #55

Earlier quoted context omitted.

> No account necessary and no private american conglomerates can delete that account. Officially you need a Google or Apple account to download a wero capable app from their stores, and Google and Apple can always delete all wero capable apps from their stores like for example with Russian sanctioned banks. Some banking apps work on non - google play controlled android smartphones, but always only accidentally. Some…

If Wero is going to be similar to iDEAL, which it is based on, the payment flow will be through your bank's app. Heck, even the Wero app description says so: The Wero app is available only for account holders from the German bank Postbank and the French bank La Banque Postale. Are you a customer of another Wero-enabled bank? If so, you can easily use Wero within your banking app. https://play.google.com/store/apps/de…

I can pay with iDEAL without interacting with a smartphone, using only my laptop and a physical 2FA device provided by my bank. Do you know if this will be possible with Wero?

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#88

Post by masklinn »

dinkelberg wrote: post #12

Wero shows that marketing is everything. It's just regular bank transactions with a much larger fee. We could have had EPC QR codes and similar completely free technologies instead.

> We could have had EPC QR codes and similar completely free technologies instead.

Technically you can anyway, I used that a few months ago. Bank app support is the big impediment (https://epc-qr.eu/bankreviews/)

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#89

Post by ezst »

fsuts wrote: post #36
thibaut_barrere wrote: post #21

Earlier quoted context omitted.

It is one of these instances where « let the market decide » is not necessarily the best option on the long run.

The market wants to take a cut per transaction, perpetually. At a high profit margin. This is one where not the market but a country/group of countries need to rollout their own public payments so fees are minimal to zero.

You mean, communism?

(/s but you never know especially these days)

Re: Decathlon Germany adds Wero payment option to decathlon.de website

#90

Post by chihuahua »

poszlem wrote: post #67
amelius wrote: post #48

Earlier quoted context omitted.

If ameliuspay is properly registered with the EU payment processor platform, then it should automatically appear as an option in the webshop.

Hacker News moment. Imagine someone over 60 whose career has nothing to do with computers trying to make sense of a list of 45 different payment processors to choose from.

And if they miss even one of those 45, EU enforcers burn their business to the ground. Oops, now it's 46. No, 47.
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