Luxembourg's Payconiq-to-Wero transition has entered its active brand alignment phase. Wero branding now appears across bank apps and merchant communications. Payconiq services continue unchanged during this initial phase. The standalone Wero app launches for Luxembourg customers in July 2026. Payconiq and Wero will run in parallel from July through September. Payconiq is definitively discontinued from October 2026. Wero then becomes the sole mobile payment solution in the Luxembourg market.
Buckaroo, the Dutch payment service provider, is handling the merchant-side migration. Regulatory review of the portfolio transfer has been completed. Existing Payconiq merchants contracted directly with the scheme are being transferred to Buckaroo for onboarding and technical updates. Wero-branded QR codes will replace Payconiq-branded codes during the transition period. Merchants have been advised not to print new Payconiq QR codes for use after summer 2026. Spuerkeess is among the banks offering merchants direct integration support for invoice QR codes, in-store payments, and e-commerce transactions.
The three-phase structure offers a replicable model for Wero's expansion into markets with established national payment schemes. The Netherlands faces an analogous but larger-scale challenge. iDEAL covers approximately 72 percent of Dutch e-commerce payments. The iDEAL co-branding phase began in January 2026. Full technical migration remains subject to DNB approval. Complete iDEAL migration is not expected before end of 2027. EPI has signed memoranda of understanding with Bizum, Bancomat Pay, SIBS/MB WAY, and Vipps MobilePay for future national scheme integrations. Five Luxembourg banks participate in the Payconiq transition with Buckaroo as intermediary. This relatively small scale provides a controlled first test of the merger playbook.