US credit card companies Visa and Mastercard have hundreds of millions of users in the European Union.But as European governments rethink their dependence on...
Wero is based on SEPA, the Single Euro Payments Area, which only covers countries in Europe. In order to use Wero, your bank (in a SEPA country) has to explicitly support it (not all of them do; I have checking accounts with 3 banks and only one of them has announced plans to support it). And to use it when shopping, the merchant also has to support it.
Unfortunately it’s actually not even a replacement for either of those, only for Google/Apple pay realistically, since you’ll need to use a smartphone like with those. Either an iPhone, or a google-approved Android phone. So no luck I’m afraid.
Italy has Bancomat cards, Denmark has Dankort, etc. I can totally see the system being integrated with cards that possibly don’t have any MasterCard/Visa integration at all.
I haven’t heard of anything like that being planned for wero. I suspect nobody wants it because then they can’t force you to install their apps. The EPI is a bunch of banks after all. Private companies.
Can Americans use it? I want tod itch the Christian censored visa and MasterCard
Wero is based on SEPA, the Single Euro Payments Area, which only covers countries in Europe. In order to use Wero, your bank (in a SEPA country) has to explicitly support it (not all of them do; I have checking accounts with 3 banks and only one of them has announced plans to support it). And to use it when shopping, the merchant also has to support it.
Apparently there are plans to link European and Canadian payment systems. But no way the US will do this.
Americans should support trade unions and cooperatives.
Unfortunately it’s actually not even a replacement for either of those, only for Google/Apple pay realistically, since you’ll need to use a smartphone like with those. Either an iPhone, or a google-approved Android phone. So no luck I’m afraid.
It depends.
Italy has Bancomat cards, Denmark has Dankort, etc. I can totally see the system being integrated with cards that possibly don’t have any MasterCard/Visa integration at all.
I haven’t heard of anything like that being planned for wero. I suspect nobody wants it because then they can’t force you to install their apps. The EPI is a bunch of banks after all. Private companies.