Please correct me if I am wrong, but I understand it like this: Wero is just a UX layer and to identify the user and their bank. It uses “SEPA Instant Credit Transfer (SCT Inst)” as the protocol. This was made mandatory to support for all EU banks in October 2025.
So wero is not the only app, there are plenty other national apps, which again, are just UX for SCT Inst protocol.
Examples: Poland - Blik, Netherlands - iDeal, Sweden - Swish, Slovenia - Flik, Spain - Bizum…
I guess wero tries to replace all this so people can send money across eu countries.
Yes, but most of these national apps I mentioned are already phone number based.
I also hate this. Phone numbers get recycled by operators, they are not owned by user, they just get assigned.
Not to mention sim swapping and privacy leakage by design.