Payment system: Berlin administration wants to introduce Paypal alternative Wero:
The Digital Committee of the Berlin House of Representatives votes in favor of ...
berliner-zeitung.de/news/bezahlsystem-berliner-verwaltung-will-paypal-alternative-wero-einfuehren-li.10016102
Photo: berliner-zeitung.de · view article
Berlin Administration to Adopt European Payment SystemThe Digital Committee approved Wero as a Paypal substitute to boost digital independence from US firms by 2026.
Key FactsJan 27, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: berliner-zeitung.de
Summary created with AI assistance · Source: berliner-zeitung.de
- Berlin's administration plans to implement the European payment platform Wero to lessen reliance on US providers like Paypal.
- The Digital Committee in the House of Representatives endorsed the proposal with a broad majority; only AfD abstained.
- Wero, created by European banks including Deutsche Bank and Sparkassen, aims to enable citizens to pay digitally for public services.
- Final approval from the House of Representatives is pending, while the Senate promotes open-source software to advance digital sovereignty.
This aims to strengthen the country's digital independence, curb rising licensing costs, and simultaneously promote innovation and regional value creation.— Martina Klement, State Secretary for Digitalization and Administrative Modernization, discussing the strategy to enhance Berlin's digital independence.
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Key FactsWero and Partners Expand Pan-European Payment Network
Feb 8, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: t3n.de
Summary created with AI assistance · Source: t3n.de
- Wero signed a collaboration agreement with Bancomat, Bizum, SIBS, and Vipps Mobilepay to facilitate cross-border payments starting in 2027.
- This alliance connects payment services across 13 countries, covering approximately 72 percent of the EU population plus Norway.
- Cross-border peer-to-peer payments will launch in 2026, followed by e-commerce and in-store payments in 2027.
- Wero positions itself as a European alternative to US-based providers, supported by over two million users in Germany.
Private initiatives like Wero could even benefit from the pan-European reach of the digital euro.— Joachim Nagel, head of the Bundesbank, regarding the competition between Wero and the digital euro.
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Key FactsING Plans Wero Integration for Instant Transfers
Aug 14, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: boerse-online.de
Summary created with AI assistance · Source: boerse-online.de
- ING announced the integration, but the article says Wero’s success remains uncertain.
- With Wero, users can send money instantly to phone numbers or email addresses instead of account numbers.
- The European Payments Initiative launched Wero in July 2024; initially, German customers accessed it through savings and cooperative banks.
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As Europeans, we would do well to work on our own payment systems to become self-sufficient here as well and to reduce dependence on other payment methods.— Stoy, ING Germany CEO; on the need to develop European payment systems to gain autonomy and reduce dependence on other payment methods.
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