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by locallost 22 days ago
The report of my demise was greatly exaggerated.

I see 10 people in my address book that I could theoretically send money via Wero. Hundreds of people in my address book have a Visa or a MasterCard. It's not a bad thing to have competition and ambition, but to say goodbye is premature to say the least. Online payments especially between regular people (so not businesses) are still dominated by PayPal. And even online shopping is dominated by PayPal although Apple and Google Pay are taking a bigger slice because it's just so convenient. And they're just again using Visa and MasterCard.

I'm not sure Wero was developed to be very practical. I registered with my phone number, but now have second thoughts because I don't want to give my phone number to strangers when buying on second hand marketplaces. But guess what - you cannot change it. You cannot register a second number. It just feels very rigid in its design.

There were other systems already that were supposed to do the same. Girocard/EC... All dead and buried now.