Revolut is preparing to launch the Wero wallet from the European Payments Initiative (EPI) within its app this summer. This move will give millions of users in France, Belgium, and Germany a new, distinctly European way to make payments. The partnership is a significant step in Europe’s efforts to create a payment system independent of major American providers.
A Strategic Move for European Payment Independence
Adding Wero to Revolut’s platform is more than a technical update—it’s a strategic decision to boost Europe’s financial autonomy. Wero enables instant, account-to-account money transfers that comply with European regulations, providing an alternative to US-based payment systems. By joining forces with EPI, Revolut becomes the first major fintech to support Wero, helping to build a unified digital payment infrastructure across Europe.
How Wero Works and What’s Ahead
- Users in France, Belgium, and Germany will soon be able to send and receive instant, free peer-to-peer payments using phone numbers or email addresses, directly through the Revolut app.
- Since launching in 2024, Wero has already attracted over 40 million registered users.
- The wallet’s features will expand: e-commerce payments will launch in Germany and Belgium later in 2025, followed by France in 2026. In-store payments, subscriptions, and loyalty services are scheduled for rollout from 2026.
- Wero will also integrate with Worldline for online merchant acceptance and become compatible with iDEAL in the Netherlands and Payconiq in Luxembourg.
Why Revolut Chose Wero
Revolut’s collaboration with Wero is part of its broader strategy to become the primary payment platform for its European users. The company has already integrated local payment solutions like Bizum in Spain and BLIK in Poland, and now aims to offer a cross-border solution through Wero. This approach not only enhances user convenience but also encourages customers to stay within the Revolut ecosystem rather than switching to global competitors.
The Broader Impact: Toward European Payment Sovereignty
The EPI’s main objective is to reduce Europe’s reliance on American payment networks like Mastercard and Visa, especially for cross-border transactions, which currently dominate the region’s digital payments landscape. As cash usage declines and the digital euro remains in development, Wero represents a timely solution to Europe’s payment sovereignty challenge. The initial rollout covers five key markets—France, Belgium, Germany, the Netherlands, and Luxembourg—with plans for further expansion.
What This Means for the Future
Revolut’s integration of Wero is a milestone for both companies and for Europe’s digital payments sector. It signals a shift toward greater independence and innovation in how Europeans pay and manage their finances. With Revolut’s large user base and commitment to rapid innovation, Wero’s adoption is likely to accelerate, supporting the EU’s goal of digital sovereignty in financial services.
In summary, the partnership between Revolut and Wero is set to reshape the European payments landscape, offering consumers a secure, instant, and truly local alternative to global payment giants.