European Banks Unite for Wero Instant Payment System, Eyeing Payment Sovereignty

Sixteen major European banks have developed a groundbreaking payment system called Wero, aiming to rival Visa and Mastercard across the EU. Supported by financial giants like BNP Paribas and Deutsche Bank, this ambitious project seeks to reshape Europe’s payment landscape by enabling seamless cross-border transactions using personal bank accounts. For instance, a Swedish tourist could […]