Comment by Cthulhu_
2 months ago
Isn't that (and its predecessor iDEAL) basically a layer on top of SEPA transfers though? (not that that's a bad thing)
2 months ago
Isn't that (and its predecessor iDEAL) basically a layer on top of SEPA transfers though? (not that that's a bad thing)
Kind of, but with easier UX - because a SEPA transfer, which is free and instantaneous, still requires the sharing of a bank account number, while Wero works with QR codes, phone numbers, etc. They're also planning to expand it to NFC payments and online payments.
You can make a QR code for SEPA transfers: https://www.europeanpaymentscouncil.eu/document-library/guid...
(One of many generators you can try: https://qrcode.tec-it.com/en/SEPA)
Doesn’t seem to be supported too widely though :(
Oh that's neat. FWIW the camera on my android phone doesn't understand that QR code, but my banking app does.