- cross-posted to:
- buyfromeu@feddit.org
- cross-posted to:
- buyfromeu@feddit.org
Bye bye Visa, Mastercard, Paypal, and many others. They can go and play “America First”. We’ll have our own independent system by november 2025.
Bye bye Visa, Mastercard, Paypal, and many others. They can go and play “America First”. We’ll have our own independent system by november 2025.
It is very new, yes
Its not really new. Wero is a rebrand of the Dutch iDeal which has been in widespread use for over a decadeEdit: After trying to find a source for that claim, Im not so sure its correct. The EPI did buy iDeal several years ago, but the text I’m finding doesn’t say Wero is a rebrand of iDeal outright.
iDeal will be replaced by Wero (either the technology or the branding?) in the NL by 2027
I think that’s wrong. Wikipedia says it’s a new system. And yes, it started last year, so it is still rather new
Yeah… It’s a bit opaque, I’m not so sure anymore either.
https://nl.m.wikipedia.org/wiki/IDEAL
The Dutch Wikipedia page says that iDeal was bought by EPI in 2023. They then launched Wero in 2024, and eventually iDeal will be renamed to Wero (Note it says renamed and not replaced)
Maybe they rebranded it? Maybe they reused the technology? I’m not quite sure if and what the relation is.
Edit: This blog post from 2023 claims that EPI said iDeal will be used as the foundation for their (then future) payment platform Wero
https://bankblog.nl/2023/het-nederlandse-ideal-is-verkocht-en-wordt-straks-wero/