What is Wero?
Wero is a European digital wallet service that enables users to send, receive, and manage money with ease. Developed by EPI Company, Wero integrates bank accounts and provides instant payments across the euro area. It supports peer-to-peer transactions, in-store and online payments, and aims to facilitate cashless payments while ensuring high security standards. Wero is accessible via a dedicated mobile app and is linked with participating banks, allowing for seamless onboarding and account connectivity. The platform supports EUR transactions and is designed to meet the evolving digital payment needs of consumers and merchants across Europe.
How to use Wero?
- Download the Wero app from your app store.
- Register and verify your identity.
- Link your bank account within the app.
- Add contacts or select recipients for payments.
- Send or receive money instantly, or pay merchants using QR codes.
The pro's of using Wero
- Instant transfers in EUR within the euro area.
- High security measures, including strong customer authentication.
- Seamless connection to participating European banks.
- User-friendly mobile interface for quick payments.
- Supports both peer-to-peer and merchant transactions.
The con's of using Wero
- Limited to EUR transactions; not suitable for other currencies.
- Only available to users with participating European banks.
- Not yet widely adopted outside Europe.
- Requires mobile device and reliable internet connectivity.
- Features and availability may vary depending on country and bank partnerships.