24-04-2025

Wero: the new standard for payments in Europe and the successor to iDEAL in the Netherlands

The world of digital payments in Europe is evolving rapidly. Consumers expect convenience, speed, and security — and the market is adapting accordingly. A key player responding to this shift is Wero, a new pan-European payment system set to transform the way we pay.

What is Wero?

Wero, the brand name for consumers and businesses, was developed by the European Payments Initiative (EPI), the organization behind this European payment solution. Its goal is to create a unified digital wallet that enables consumers across Europe to make payments quickly and easily.

Wero launched in 2025 in Germany, France, and Belgium with P2P (peer-to-peer) payments — payments between consumers. By the end of this year, online payments will also be supported. From 2026, countries like the Netherlands and Luxembourg will follow.

With Wero, users can quickly, securely, and easily send money through their banking app or a separate Wero app, using familiar identifiers such as a phone number or QR code — no need to top up a balance in advance.

Why is this important?

Until now, the European payment market has been fragmented, with each country using its own systems, such as iDEAL in the Netherlands or Payconiq in Belgium. Wero aims to change that by offering a single, uniform payment solution across Europe.

According to EPI, independence is also a key factor: many current payment methods — like Visa, Mastercard, or PayPal — are American. Wero creates a European system, giving the continent greater control over its own financial infrastructure.

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Wero in practice

Initially, Wero focuses on P2P payments, quickly followed by online payments. Later, solutions for physical stores, loyalty programs, and even buy-now-pay-later options will be added. This makes Wero a versatile solution that will continue to expand.

Wero is developed and funded in close collaboration with leading European banks. Existing local solutions like iDEAL and Payconiq are being integrated as the foundation for Wero’s rollout.

What does this mean for businesses?

For businesses, Wero offers an appealing combination of payment convenience and European coverage. Especially for webshops and omnichannel retailers, it provides an easy way to expand into new markets without implementing a different payment method for each country.

Buckaroo is a principal member of EPI and plays a central role in rolling out Wero to business users. By integrating with Buckaroo once, companies automatically gain access to future Wero functionalities across Europe.

Buckaroo and Wero

Buckaroo closely follows developments around Wero. As a leading European payment service provider, Buckaroo is working to integrate Wero into its own platform. From the start, Buckaroo will fully support Wero, ensuring that merchants won’t have to lift a finger. As a result, Buckaroo merchants in Germany, Belgium, France, and the Netherlands can benefit from this new European standard as soon as it becomes available. Buckaroo will ensure a smooth transition with minimal technical effort.

Looking ahead to the future of payments in Europe

Wero is designed to be faster, safer, and more user-friendly than existing alternatives, while also providing a European alternative to major international players. Although it’s still early to predict the full impact, it’s clear that Wero is a major step toward a more connected, efficient, and independent European payments market.

What is Wero?

Wero is a new European payment system developed by the European Payments Initiative (EPI). It allows consumers and businesses to make secure, fast, and easy payments through a single digital payment solution.

Is Wero replacing iDEAL?

Yes, Wero is intended to replace iDEAL in the Netherlands. By integrating iDEAL into Wero, a single European payment standard is created. 

When will Wero be available in the Netherlands?

Wero launched in 2025 in Belgium, Germany, and France. It will be rolled out in the Netherlands and Luxembourg starting in 2026. 

Can I use Wero in my webshop?

Yes. Buckaroo will integrate Wero as a standard option in its payment platform. As a merchant, you will automatically gain access to Wero once it becomes available. 

What are the benefits of Wero?

Wero offers speed, security, and European coverage. It integrates fully with existing banking apps and supports QR codes, P2P payments, and e-commerce. 

How do I integrate Wero through Buckaroo?

If you’re already a Buckaroo customer, you don’t need to do anything extra. Wero will be made available automatically through your existing integration. New users can easily sign up for a demo or connection. 

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