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Digital Independence: Berlin wants to introduce European payment service Wero

8 months ago by Sepia to c/buyeuropean

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Berlin's digital committee decided to introduce the European payment system Wero. The House of Representatives still needs to approve it.

Berliners will soon have to pay fees and other payments to the administration via the payment system Wero. This was decided by the digital committee of the House of Representatives, according to a report by Rundfunk Berlin-Brandenburg (RBB).

Wero -- a combination of We and Euro -- is a digital payment service that allows money to be transferred by providing a mobile phone number or an email address. It is intended to be positioned against US payment services such as Paypal.

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ReluctantlyZen 37 points 8 months ago

From what I know, Wero is based on the standard Dutch payment service iDeal. iDeal becoming more international is something I'm very happy with as it works great.

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rollin 10 points 8 months ago

is it pretty much a way to do bank transfers without having to give away your IBAN? I don't think IBANs need to be kept secret but they're a bit unwieldy to say the least - and transfers are not always instant.

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ReluctantlyZen 3 points 8 months ago

More or less, yeah.

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JustEnoughDucks 2 points 8 months ago

And with IBAN there are sometimes unknown fees so the amount that your (especially from a different country) transferee receives is less than what you pay, and you only know after 1-3 business days.

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python 2 points 8 months ago

If anyone could come up with a good money transfer service, it's definitely the Dutch. Love their whole Tikkie thing tbh

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