And within those countries in only a handful of banks. We've been here before, but as of right now, I'd give it a better chance than I'd have given just four months ago.
I am unfamiliar with Wero. Can you explain why it is an engineering fiasco?
Side note: Looking at their job listings I don't see any engineering positions (with the exception of a security engineer which is a grey area in a bank IMO), only managers and business roles.
The big European countries adopt it, so if Poland will adopt it or not won't matter in the short term, in the long term merchants will accept it as they do it with Alipay and other more obscure stuff
Wero is a land grab by the banks who fumbled building a PayPal alternative for 20 years, now desperately trying to stop the digital Euro.
Sure I'd rather use Wero than PayPal -if it was decent- and building it on top of SEPA instant transactions is neat. But the lack of buyers protection is a deal breaker for me!
And quite frankly I'd rather use a digital Euro governed by the ECB than some rent seeking hobby project by a bunch of private banks. Especially because they will inevitably enshittify it with ads and hostile BNPL like PayPal.
And within those countries in only a handful of banks. We've been here before, but as of right now, I'd give it a better chance than I'd have given just four months ago.
No it's not.
Wero is another name for iDEAL, it has been pushed by Dutch, but it is an engineering fiasco.
There is no way Poland would adopt it. Blik is just on another level price- and feature-wise.
I am unfamiliar with Wero. Can you explain why it is an engineering fiasco?
Side note: Looking at their job listings I don't see any engineering positions (with the exception of a security engineer which is a grey area in a bank IMO), only managers and business roles.
I see one engineering job ad https://careers.epicompany.eu/jobs/6909459-senior-full-stack... if we can call EU Digital Wallet speculation "engineering".
But you just answered your own question.
Wero is a money extraction business that secured European Commission support. There is no engineering nor payment system to it.
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The big European countries adopt it, so if Poland will adopt it or not won't matter in the short term, in the long term merchants will accept it as they do it with Alipay and other more obscure stuff
I recently heard of Wero and it seemed promising. What makes Blik so much better in your opinion?
+1 for Wero! Unsure where I can see their timeline.
Wero is a land grab by the banks who fumbled building a PayPal alternative for 20 years, now desperately trying to stop the digital Euro.
Sure I'd rather use Wero than PayPal -if it was decent- and building it on top of SEPA instant transactions is neat. But the lack of buyers protection is a deal breaker for me! And quite frankly I'd rather use a digital Euro governed by the ECB than some rent seeking hobby project by a bunch of private banks. Especially because they will inevitably enshittify it with ads and hostile BNPL like PayPal.