Comment by sam_lowry_

1 month ago

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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sam_lowry_

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woodpanel  1 month ago

what ever "money extraction business" means - wero is a real thing people (me included) are already using and developed jointly by many european banks.

  • sam_lowry_  1 month ago

    Old Dutch banks and their Belgian suckers, mostly. You can see a list on their website.

    I am not deep into this, but I heard multiple times that the choice of the pan-european payment system was largely political and technnically suboptimal. Old Europe pushed for the aging iDEAL against a much more advanced Blink, so Eastern European banks led by Poland left the consortium.

    In the end, iDEAL rebranded as Wero was dead on arrival because a successful system needs to be supported by everyone.