I’m all for a European system like this, but the only downside I currently see is that using Wero wouldn’t provide any protection in the same way that a credit card does, unless I missed that on the Wero website.

Give me the consumer protection of a credit card and I’ll sign up to Wero or whoever!

Does Visa/Mastercard actually offer any protection themselves? When I’ve had to reverse debit card transactions due to fraud or otherwise, I always just called/reached out to my bank and they did it without getting Visa/MC involved. Since this system is pretty much SEPA in a trench coat, I’m pretty sure the same would work here.