- Overview
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Overview
Payment group: Real-time banking
Payment product ID: 900
Wero is a digital wallet and an innovative payment solution launched by the European Payments Initiative (EPI), a consortium of major European banks and payment service providers. It uses Account-to-Account (A2A) technology built on the SEPA Instant Credit Transfer (SCT Inst) rails. Wero enables consumers to pay directly from their existing bank account with a secure, instant confirmation via a mobile app. It offers a single, frictionless solution to reach customers in key European markets like Germany and Belgium, with more to come.
Features
- Allows iframe
- Cancel refund
- Partial refunds
- Recurring
- Redirect
- Refunds
- Tokenization
Key benefits
- Same service level as cards at a lower cost.
- Seamless cross-border transactions across Europe via a unified mobile payments solution.
- Backed by 16 major shareholders reaching more than 80% of consumers in all markets.
- A digital wallet built to evolve and cater to diverse needs (split the bill, loyalty, BNPL, charity donation and others).
Boarding
Wero is available as a part of our full-service offering and has a simplified boarding process:
- Our boarding team completes the boarding form & submits it to Wero.
- Wero registers a processing account for your business and shares the details with us.
- We configure pre-production and production credentials for you.
- You run the end-to-end testing with the support of our implementation team.
- Go live!
For other questions, you can always contact the boarding team to help you out.
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