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PayDay News | Australian Payments News

Europe’s Wero revolution gathers pace as banks challenge Visa and Mastercard

Editor
19 Aug, 2026
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Warwick Ponder
Editor
19 Aug, 2026
Add us as a preferred source on Google
Europe's long-running push to reduce dependence on Visa and Mastercard is accelerating, with its A2A payments play Wero now boasting 50 million users, banks backing new infrastructure, a Digital Euro and France emerging as a critical battleground.
Europe’s Wero revolution gathers pace as banks challenge Visa and Mastercard
European Payments Initiative (EPI) Chairman, Dr. Joachim Schmalzl.

Europe's long-running push to reduce dependence on Visa and Mastercard is accelerating, with its A2A payments play Wero now boasting 50 million users, banks backing new infrastructure, a Digital Euro and France emerging as a critical battleground.

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