QUICK ANSWERS TO QUESTIONS ABOUT THE EUROPEAN DIGITAL WALLET
- What is Wero? – A new European digital wallet that replaces iDEAL and uses SEPA Instant payments. (wero-wallet.eu)
- When will this platform replace iDEAL? – Between 2026 and 2027, gradually per bank. (wero-wallet.eu)
- Is it secure? – Yes, payments are processed via bank authentication and comply with PSD2. (abnamro.nl)
- Can I make international payments? – Yes, the wallet supports payments across Europe. (wero-wallet.eu)
- How do I use it as a consumer? – Usually automatically via the bank app; some banks offer a separate option. (ing.com)
- How do businesses integrate the wallet? – Contact your PSP for integration and a test environment. (worldline.com)
- What are the benefits? – Fast, secure payments, European coverage, lower costs, and higher conversion for businesses. (wero-wallet.eu)
WERO — COMPLETE GUIDE FOR CONSUMERS AND BUSINESSES
The new European payment platform replaces iDEAL and offers additional features for consumers and businesses.
Developed by the European Payments Initiative (EPI), a consortium of major European banks. (epicompany.eu)
WHAT IS THIS DIGITAL WALLET AND HOW DOES THE PLATFORM WORK?
With this digital wallet, users can securely and quickly transfer money online, via mobile, or in physical stores.
The platform uses SEPA Instant payments and gradually replaces iDEAL in the Netherlands and other European countries. (wero-wallet.eu)
CHANGES FOR CONSUMERS: SIMPLER, FASTER, AND SECURE
Direct and European payments with the new wallet
- Fast payments via bank apps.
- Payments across Europe are possible.
- New features like payments via QR code or phone number.
Security and privacy guaranteed
All transactions are processed via bank authentication and comply with PSD2.
Personal data is securely handled and not shared outside the platform. (abnamro.nl)
CHANGES FOR BUSINESSES: ONE EUROPEAN PAYMENT SOLUTION
Higher conversion and European coverage
Webshops can offer a single payment method across Europe, making payments simpler, reducing costs, and opening new markets. (wero-wallet.eu)
Technical preparation and integration
PSPs and webshops will gradually migrate from iDEAL to this platform. During the transition phase, a combined logo will be used. (wero-wallet.eu)
EXTENDED FAQ ABOUT THE NEW EUROPEAN PAYMENT SYSTEM
1. Is the platform secure?
Yes. All payments use bank authentication and comply with PSD2 and SEPA Instant standards. (abnamro.nl)
2. When will this platform replace iDEAL?
Between 2026 and 2027, depending on the bank. During the transition phase, a combined logo will be used. (wero-wallet.eu)
3. Can I make international payments?
Yes, payments are possible across Europe for both consumers and businesses. (wero-wallet.eu)
4. How do I use it as a consumer?
Usually automatically via the bank app; some banks offer a separate option. Check your bank app for updates. (ing.com)
5. How do businesses integrate the platform?
Contact your PSP (Worldline, Pay.nl, Mollie) for integration and a test environment. Ensure your webshop supports the transition. (worldline.com)
6. What are the costs?
Costs vary per PSP and volume, but the digital wallet can be cheaper than traditional card payments. (welt.de)
7. Benefits for businesses
- One integration for European payments.
- Higher conversion due to trusted bank payments.
- Additional functionalities: recurring payments, refunds, and cross-border coverage. (wero-wallet.eu)
CONCLUSION — WHY SWITCH TO THIS EUROPEAN PLATFORM?
The new digital platform provides fast, secure, and standardized payments across Europe.
Consumers benefit from simplicity and security, while businesses enjoy lower transaction costs, higher conversion, and access to new markets.
The platform is easy to integrate via existing PSPs and future-proof for European expansion. (wero-wallet.eu)