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Big leap forward for wero
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this post was submitted on 29 Jul 2025
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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.
Honestly it still beats having to use Paypal.
Some weeks ago I could use it with the Volksbank app without Play Services.
That sounds great. It may be bank-specific then.
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.
Alternative to visa and Mastercard potentially as well not just PayPal.
Which you can't really escape anyway since one of those two is very likely the provider for your bank's debit card.
Yes but if the Point of Sale start using WERO that will be a drop in commission for them
Can't really get much better. The apps / platform are directly connected to the bank anyway, they know all the personal very detailed info of our lives already - physical address, copies of id cards, full names, parents names, phone numbers, place of employment, etc. if there's one thing we can't escape from is this. As long as things are compartmentalized enough and personal info doesn't leak... Digital money binding us to our owners...
Yesterday I paid online for something using the equivalent in my country (mybway) and less than 5min after I had a push notification in the phone asking if I wanted insurance for my pets (i bought something on a pet store).