this post was submitted on 02 Jun 2026
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In Europe we now slowly get wero.
This will replace hopefully PayPal, visa and mastercard
As someone who has lives in the Netherlands, were iDeal (the less international predecessor of wero) has been available for years - yes it replaces it, so much.
And it feels easier and safer at the same time, when my banking app on the phone can just scan the QR code on the website and deal with that.
Every time I DO use paypal now, usually a foreign webshop, I get a little nervous if my account still works, because it's been a year or so again.
EU has already stated that it will force companies to use their ID verification system for 18+ content or they will be debanked.
it will not replace visa and mastercard if they won't give a card, but only an app that refuses to work on your phone but also has access to way too many things on it
I admit currently WERO has issues and it should not be baked into each banking app.
But still it will be better than to rely on the grace of American companies
but that's still the end result if they are forcing apple or googlified android phones