Jan Wildeboer 😷May 20

#Wero is NOT a new payment platform, it's a thin layer on top of SEPA transfers. It's the culmination of many years of slowly unifying the money transfer systems in the EU, driving down costs of international bank transfers, making small transactions feasible and now Wero simplifies the use of all of this. It's a very European approach and I like it! #ThanksEU

(Yes, it uses AWS for some parts. Just like many other banking apps do. They are planning to change that, so give it some time :)

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Show threadJan Wildeboer 😷May 20

This thin layer can be integrated by participating banks in two ways. Either they integrate it into their own banking app/website or they decide to let the Wero app connect to the bank systems (that's what my bank opted for). Most problems people mention are with the banking apps and those problems need to be addressed by the bank, not by Wero. Keep that in mind when discussing the pro and cons, please.

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Show threadLuís CorreiaMay 20

@jwildeboer NY bank already said they are aware but not really interested.

They are investing on another payment network originating from Portugal, MBWAY.

Show threadAntónio Manuel Dias

@luisfcorreia @jwildeboer

If I understood correctly, it will interoperable with Wero:

https://www.theportugalnews.com/news/2026-04-17/mbway-to-be-available-in-european-countries/1008229

MBWay to be available in European countries

SIBS stated that it will be possible to make transfers via MB Way to 13 European countries by the end of the year and that in 2027, it will allow purchases in physical stores and online in those countries.

May 20 at 7:46pmWeb
Show threadLuís CorreiaMay 20

@ammdias @jwildeboer

I don't want to use MBWAY outside Portugal, I want to use Wero IN Portugal

similar but different