{"id":107463,"date":"2025-05-16T22:47:08","date_gmt":"2025-05-16T22:47:08","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/107463\/"},"modified":"2025-05-16T22:47:08","modified_gmt":"2025-05-16T22:47:08","slug":"nuvei-enables-ecommerce-firms-to-accept-wero-digital-wallet","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/107463\/","title":{"rendered":"Nuvei Enables eCommerce Firms to Accept Wero Digital Wallet"},"content":{"rendered":"

Canadian FinTech company\u00a0Nuvei<\/a>\u00a0has joined the\u00a0European Payments Initiative<\/a>\u00a0(EPI) and plans to enable eCommerce businesses to accept EPI\u2019s digital wallet,\u00a0Wero<\/a>, in their online checkouts.<\/p>\n

Nuvei will begin pilot programs this month and expects to make this capability\u00a0generally available for merchants in September, the company said in a Thursday (May 15)\u00a0press release<\/a>.<\/p>\n

\u201cBy integrating Wero into our platform early, we are empowering our merchant partners to capitalize on emerging payment trends and deliver preferred local payment experiences at scale,\u201d Nuvei Chair and CEO\u00a0Philip Fayer<\/a> said in the release. \u201cThis positions Nuvei uniquely as a leader in supporting European merchants with forward-thinking payment innovations.\u201d<\/p>\n

Wero enables users to send money within 10 seconds via mobile numbers, email addresses or QR codes, according to the release.<\/p>\n

It enables these instant account-to-account (A2A) transfers using\u00a0SEPA Instant Credit Transfer<\/a> protocols, the release said.<\/p>\n

Since its initial launch in Germany,\u00a0France\u00a0and Belgium in late 2024, Wero has attracted\u00a040 million users, per the release. The digital wallet is set to expand to the Netherlands and Luxembourg and to add enhancements like buy now, pay later (BNPL) and customer loyalty programs.<\/p>\n

\u201cOur partnership with Nuvei is a new key step towards Wero\u2019s expansion to the eCommerce sector,\u201d EPI CEO\u00a0Martina Weimert<\/a> said in the release. \u201cBy making Wero available to Nuvei\u2019s extensive merchant network, we\u2019re accelerating the adoption of a truly European payment solution that enhances financial sovereignty while delivering a seamless, easy and innovative experience for consumers and businesses alike.\u201d<\/p>\n

When Wero was launched in September, Weimert said the\u00a0digital wallet<\/a> and instant payment solution is backed by 16 of the European Union\u2019s major banks and payment processors and aims to provide consumers with an alternative to Visa and Mastercard.<\/p>\n

\u201cVisa and Mastercard being so big, they have in their hands a lot of market control power,\u201d Weimert said at the time.<\/p>\n

In an interview with PYMNTS posted in May 2023, before the launch of Wero, Weimert said the lack of a pan-European solution was limiting\u00a0payment<\/a>\u00a0growth in the region and leaving countries without a national payment system out of the equation.<\/p>\n

\u201cWe are really attached to this vision of a unified, strong, consistent solution because it makes it so much easier, not just for merchants but for individuals as well,\u201d Weimert said.<\/p>\n

See More In: Digital Payments<\/a>, digital transformation<\/a>, digital wallets<\/a>, ecommerce<\/a>, EPI<\/a>, European Payments Initiative<\/a>, News<\/a>, Nuvei<\/a>, Payment Methods<\/a>, PYMNTS News<\/a>, Wero<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Canadian FinTech company\u00a0Nuvei\u00a0has joined the\u00a0European Payments Initiative\u00a0(EPI) and plans to enable eCommerce businesses to accept EPI\u2019s digital wallet,\u00a0Wero,…\n","protected":false},"author":2,"featured_media":107464,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3159],"tags":[3269,10443,3523,3524,49111,49112,547,12,49113,3277,3279,53,16,15,49114],"class_list":{"0":"post-107463","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-digital-payments","9":"tag-digital-transformation","10":"tag-digital-wallets","11":"tag-ecommerce","12":"tag-epi","13":"tag-european-payments-initiative","14":"tag-mobile","15":"tag-news","16":"tag-nuvei","17":"tag-payment-methods","18":"tag-pymnts-news","19":"tag-technology","20":"tag-uk","21":"tag-united-kingdom","22":"tag-wero"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114519948867016615","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/107463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=107463"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/107463\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/107464"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=107463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=107463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=107463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}