Europe’s $24T breakup with Visa & Mastercard has begun. ECB’s Lagarde warns almost all EU card/mobile payments still run on non‑European rails, sending spending data outside the EU. Now EPI + EuroPA are launching Wero, a pan‑EU wallet for 130M users to pay cross‑border without US networks. A huge shift for payment sovereignty—and data privacy.

#payments #fintech #eu #wero #datasovereignty

https://europeanbusinessmagazine.com/business/europes-24-trillion-breakup-with-visa-and-mastercard-has-begun/

Europe vs Visa & Mastercard: The $24 Trillion Payments Shift

Europe is building its own payments system and reducing reliance on Visa and Mastercard. Here’s why the $24 trillion shift matters now.

European Business Magazine
@mojo can you install the Wero app without a Google account on Android ? No cuz it's only available on the PlayStore lol
@mojo @blueluma You can install it without an account. That's what I did. I used Aurora Store for that. But your point still stands. There should be an official option to install Wero without the Play Store.

@flamecat @blueluma Some say you need the official Play Store to install Wero. You don’t — you can sideload it or use Aurora Store without a Google account. Still, for a project about EU payment sovereignty, there should be an official APK/F‑Droid option so no one is forced onto US app stores.

#payments #fintech #eu #wero #datasovereignty #opensource

@mojo @flamecat well technically Aurora Store uses Google account under the hood (and still connects to google servers) 🤓

Also, Wero works even without google services, which is the bare minimum (even if it still has some bugs and requires permissions that shouldn't)