this post was submitted on 10 Jul 2025
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Austrian banks are considering joining Wero (www.vienna.at)
submitted 2 weeks ago by Microw@piefed.zip to c/buyfromeu@feddit.org
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The payment solution, which enables real-time payments via phone number or email within Europe, is currently available in France, Germany, and Belgium. According to the Austrian Economic Chamber (WKÖ), Austrian banks are now also considering participation.

As part of the evaluation, local banks want to assess the potential customer benefits as well as the economic and technical aspects of such a payment solution.

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[–] ChrisDoeser@feddit.org 1 points 1 week ago

That's good news! However one problem I still see is that Wero will be limited to only the inside of the EU whereas the alternatives work also internationally. So not few people will still need paypal etc., which will probably make it even harder to convince them to switch over to Wero.