Wero Intelligence

The Australian-founded PSP became the first major Asia-Pacific payment processor to go live with Wero merchant acceptance, connecting its global merchant base to instant European account-to-account payments across three markets.

The European Payments Initiative formalized phase-two of the Dutch iDEAL-to-Wero transition on July 16 alongside banks and PSPs, setting October 2026 as the deadline for all issuing bank connections and guaranteeing scheme pricing at current iDEAL levels through December 2028.

Five Luxembourg banks have begun offering the Wero digital wallet, starting a three-month migration from the Payconiq payment app.

Four Luxembourg banks activated Europe's digital payment wallet in late June, starting a three-month migration that will see Payconiq permanently retired by October 2026.

Four Luxembourg banks launch Wero with P2P, QR code and e-commerce payments, beginning the transition from Payconiq ahead of a September 2026 replacement deadline.

France became the third country to offer Wero online payments when Groupe BPCE completed the first transactions in April 2026, following Germany's November 2025 debut and Belgium's March 2026 launch. ING Germany reports a 15 percent activation rate among current account holders as merchant adoption expands across all three markets.

EPI's ownership group grows to 18 European institutions after Erste Bank Oesterreich and Raiffeisen commit to the pan-European payment initiative, extending Wero's geographic reach to Austria as its sixth country.

Austria's two largest banking groups have become EPI shareholders, expanding the consortium to 18 backers and positioning Wero for entry into a market of nine million retail customers.