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Big leap forward for wero (feddit.org)

submitted 4 days ago* (last edited 4 days ago) by SrMono@feddit.org to c/buyfromeu@feddit.org

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It seems like there was a big leap forward for wero.

If you search for “wero” in the German news, it seems like a lot of banks activated it yesterday-ish.

Mine is covered 🙂

I’m a little bit disappointed, that my cell phone number is the unique ID for transactions.

Edit:

Tried to search which banks are supported. This is just a selection and even the selector on the wero-webpage is not up-to-date.

Germany: Deutsche Bank, DZ Bank, GLS, Savings Banks Association (DSGV), Postbank, BBBank, Sparkasse, Haspa, Volksbank, Sparda Banken, Ethikbank, Evangelische Bank e.G.,...
France: Société Générale, Crédit Agricole, BNP Paribas.
Other: ING, Rabobank, Revolut.

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[–] Hirom@beehaw.org 13 points 4 days ago* (last edited 4 days ago) (8 children)

There are a few red flags that make wero not -privacy friendly. It apparently uses a phone number as identifier, and Android users are required to have revent version with the Google Play Services badware.

It's good to have a local alternative to EMV, but privacy-wise those apps may be worse than EMV cards.

[–] SrMono@feddit.org 4 points 4 days ago (1 children)

Understanding it as an alternative to PayPal and a convenience tool for wire transfers I see no bigger privacy issue.

You either state your bank account and name for a purchase with company or use this handle, to provide the exact same data.

[–] cyrano@lemmy.dbzer0.com 5 points 4 days ago (1 children)

Alternative to visa and Mastercard potentially as well not just PayPal.

[–] Don_alForno@feddit.org 3 points 4 days ago (1 children)

Which you can't really escape anyway since one of those two is very likely the provider for your bank's debit card.

[–] cyrano@lemmy.dbzer0.com 3 points 4 days ago

Yes but if the Point of Sale start using WERO that will be a drop in commission for them

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