EPI is working with PPRO to accelerate the adoption of Wero

TheEuropean Payments Initiative (EPI) lifted the veil on the signing of a new partnership this time with the London FinTech, specialist in cross-border payments for merchants, PPRO. The aim of this rapprochement is to facilitate unified payments in Europe and to speed up the adoption of Wero for e-commerce and retail transactions.

FACTS

• As one of the main payment platforms in Europe, PPRO has therefore joined the European Payments Initiative (EPI) to facilitate unified payments in Europe.

• PPRO thus becomes a main member of Wero, allowing payment service providers (PSP) and traders to easily integrate Wero via its platform.

• PPRO will support Wero's in-store and online payment streams as soon as they are available. A first deadline is for online transactions in the e-commerce market from 2025 onwards.

• According to the schedule set by EPI, a P2P payment feature will be launched at the end of 2025, followed by the full launch of the payment service in physical shops, scheduled for 2026 on European markets.

ISSUES

• Strengthening its leadership position If Wero and EPI consider establishing themselves as major references for payments in Europe and internationally, PPRO can already boast of being among the leading providers of digital payment infrastructure in the European market. It allows businesses and banks to expand their local payment services and also helps payment service providers (PSPs), Fintechs and traders to integrate large-scale payment methods.

• Ensuring the effectiveness of European payments : The two new partners intend to join forces today to speed up the adoption of Wero for e-commerce and in-store transactions, simplify payments for European consumers and traders, and ultimately strengthen the independence of the European payments market.

PERSPECTIVE

• The signing of this new partnership by the European Payments Initiative (EPI) represents an additional step towards the deployment of the Wero solution. And these steps are going on in an accelerated way today. Indeed, last December, it was Martina Weimert, the Managing Director of EPI, who folded a communication exercise by presenting the first figures of Wero's deployment in France.

• And since then, this announcement of rapprochement with PPRO represents the third significant step in the deployment of the service across Europe. It is indeed on 18 December that EPI announced implementation of the first e-commerce payment transaction via Wero. And just a month later, the payment service provider Computop officialized Wero's integration into its "Pay to Drive" mobility offer.

• In addition to its rapprochement with PPRO, EPI can also count on Nexi, one of its founding shareholders and now acquirer in Germany, in partnership with Computop Exactly.

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