Fears are mounting that the US could exploit its market dominance to pressure Europe.
  • atro_city@fedia.io
    13·
    10 days ago

    Before reading: please say they are joining WERO

    After reading: oh no… please don’t tell me they are building a competitor to WERO…

    • Lysergid@lemmy.mlEnglish
      10·
      10 days ago

      Blik launched at 2015, WERO at 2024. It’s WERO building a competitor instead of joining.

        • Lysergid@lemmy.mlEnglish
          3·
          9 days ago

          Don’t know what you mean by based. Yes, same banks are backing WERO as iDEAL. WERO site explicitly says it’s new infrastructure and they are migrating, not upgrading.

          But it’s also has nothing to do with WERO vs BLIK. WERO-backing banks don’t give a shit about Poland’s users. Or they simply do not operate in Poland. Say ING, they operate in Poland since 1988 but didn’t manage to rollout neither iDEAL nor WERO. Moreover Polish branch of ING supports BLIK. I don’t know why they cut off Polish users from WERO.

          I’m pretty sure both BLIK and WERO banks would like to keep tech for themselves for sometime to make it selling point against competitors on local markets.

          • 𝙲𝚑𝚊𝚒𝚛𝚖𝚊𝚗 𝙼𝚎𝚘𝚠@programming.devEnglish
            2·
            8 days ago

            iDEAL is Dutch only. WERO is made by (some of) the people behind iDEAL (amongst others), which is also why iDEAL is turning into WERO soon-ish.

            WERO is also just barely out of the womb and is slowly rolling out to a handful of countries first. The idea is that that rollout will grow to other countries after it settles a bit.

            BLIK and WERO operate in different “markets” because Poland pays with the Polish Złoty (PLN), whereas WERO focuses on the Euro. Polish banks were originally involved with the project however, but they withdrew in 2022 (back when the plan was still to setup a rival card network to VISA/MasterCard).

    • androidul@lemmy.worldEnglish
      3·
      10 days ago

      haven’t read yet, but I hope for some interoperability at least, I’ve read this agreed by Italy, Spain, Portugal & Nordics: https://houseofel.net/europe-launches-payment-system-to-replace-visa-and-mastercard-48-5-million-users-and-growing/#%3A~%3Atext=including+Italy’s+Bancomat%2C+Spain’s+Bizum

      I am really happy to see this field flourishing with so many countries jumping aboard with their own solutions, then they could interoperate and improve the network

  • trolololol@lemmy.worldEnglish
    10·
    9 days ago

    It looks like a paid article. It mentions blik twice each paragraph, didn’t mention alternatives or downsides.