logoalt Hacker News

haagchtoday at 6:02 PM4 repliesview on HN

It's not the same system. iDEAL supports banks to implement payment in their online banking websites, while Wero is Google/Apple ecosystem exclusive.


Replies

sizerotoday at 6:12 PM

Wero’s goal is to become a European payment system. Like an iDEAL across EU countries. That requires buy-in from major EU banks, some of which are shareholders of EPI, the company behind Wero.

It’s also a response to the ECB’s digital Euro, a way that banks show the central bank “hey, we the banks are actually capable of creating a good EU-level payment system”.

deweytoday at 6:05 PM

> while Wero is Google/Apple ecosystem exclusive

It's barely launched in more than 5 EU countries. It's not part of the specs or requirements to only be available in the Google / Apple ecosystem.

show 2 replies
microtonaltoday at 6:29 PM

iDEAL supports banks to implement payment in their online banking websites

So does Wero, as I cited in another comment:

The Wero app is available only for account holders from the German bank Postbank and the French bank La Banque Postale.

Are you a customer of another Wero-enabled bank? If so, you can easily use Wero within your banking app.

https://play.google.com/store/apps/details?id=eu.epicompany....

It's not the same system.

I said that it is based on the iDEAL system:

Wero is built on the foundation of iDEAL, backed by 16 major European banks – including the Dutch banks behind iDEAL.

https://ideal.nl/en/naar-wero

The European Payments Initiative (EPI) acquired the Dutch payment system iDEAL with the aim of making it the standard payment solution across all European countries. [...] The first step is to make iDEAL the standard in France and Germany because the countries don’t yet have a standard payment system for e-commerce, according to AD. Customers in the Netherlands will notice little of this.

https://nltimes.nl/2023/04/25/dutch-payment-processor-ideal-... / https://www.ad.nl/economie/online-betalingssysteem-ideal-wor...

astrolxtoday at 7:44 PM

Really? I frequently use Wero but never installed their app. I use it through my bank application on /e/os