Wero
Since the launch on Tuesday, over 34'000 people in Luxembourg have already downloaded the Wero wallet. Just a few individual cases had reported issues, said Wero and bank representatives at the official rollout event on Wednesday morning. The overall message was that "Luxembourg is ready for Wero". Martina Weimert, head of the European Payments Initiative (EPI), which operates Wero, considers it a concrete contribution to the digital sovereignty and independence of Europe.
Of more than 10'000 bank customers who switched to Wero, only some experienced problems, which Weimert attributed to the connection between LuxTrust and the banks. She called them "teething issues for a new solution." Raiffeisen bank reported around a dozen calls from customers with problems, of around 3'500 migrations to Wero. Claude Wurth of the Spuerkeess bank said that Tuesday had been "tiptop" and ran better than expected.
Payconiq ends September 30
Throughout September, businesses will be supported in switching to Wero as well. One business which has adopted Wero from day one is DIY store Batiself, whose director said he hoped cash would be phased out within the next two years. When asked what solutions he could suggest if the network or electricity failed, he smiled and admitted it might be good to have emergency cash on hand.
Wero has plans to expand beyond Germany, France, Belgium and Luxembourg: by the end of 2027, the app will launch in the Netherlands, with hopes to also reach southern and northern Europe. Payconiq will officially cease to be available from 30 September 2026.
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