alt Hacker NewsiDeal is amazing and it's great it's coming to the rest of Europe, even if they gave it a worse name.
Here in the Benelux it's the go-to payment option for ecommerce.
I think this will be a much bigger threat to Visa and Mastercard than the oft-promised digital Euro.
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> I think this will be a much bigger threat to Visa and Mastercard than the oft-promised digital Euro.
Not just the American card networks but also a threat to the US Dollar as the reserve currency and the power it gives to the USA
Hence why USA is unhappy with Brazil over their Pix system
I actually like Wero a lot as a name, sound like virtual euro to me.
I don't think the name is that bad. iDeal sounds very dated to me as a native English speaker.
> I think this will be a much bigger threat to Visa and Mastercard than the oft-promised digital Euro
Wasn't the digital Euro specifically crippled due to banks lobbying against it to promote Wero instead?
I agree it's always fast and convenient! It doesn't have the buyer protection you get with a credit card (it debits from your account immediately), but for most purchases that is fine.
Afaik the system is being consolidated
https://epicompany.eu/media-insights/ideal-to-phase-into-wer...
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