Wero Definition.

EPI’s European payment wallet, built on instant account-to-account transfers: no card, so no interchange and no international scheme. Launched in 2024 for person-to-person payments (Germany, France, Belgium), it replaces Paylib in France and is expanding to e-commerce and then to in-store payments over 2025–2027. It is European banks’ bet on payment sovereignty versus Visa, Mastercard and US wallets.

See also

→ EPI→ SCT Inst→ A2A (account-to-account)

Where this term appears

GuideThe four-party modelGuideMerchant, acquirer, PSPGuidePayment schemesGuidePayment regulationGuidePayments in GermanyGuidePayments in AustriaGuidePayments in the Netherlands and BelgiumGuidePayments in Germany, Austria, and SwitzerlandGuidePayments in FranceGuidePayments in ItalyGuideLuxembourg and Europe’s licensing hubsGuidePayments in Romania and Bulgaria

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