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Top Story Analysis · Payments

Europe's Payment Stack, Honestly

Instant payments, payee checks, a new rulebook and its own wallet are landing between 2025 and 2029. Whether Europe actually owns its payments will be measur...

FinTech Weekly Newsroom Nov 11 13 min read
Europe's Payment Stack, Honestly

Current issue

Europe's Payment Stack, Honestly

Rails, rules, a wallet and a public option are arriving. The test is whether they change who carries Europe's card payments.

  1. 01 Wero Is Taking Over iDEAL. Europe's Sovereign Checkout Finally Gets Real Volume.
  2. 02 Verification of Payee Is One Year Old. Instant Payments Are Still Testing Europe.
  3. 03 Most EU countries rely on international card schemes
  4. 04 PSD3 and PSR: Council adopts texts at first reading
  5. 05 Wero's Next, Now
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Signals

The numbers behind this week's issue

From issue 633 ↗
61% Euro-area card payments via international schemes (ECB, 2022 data) 13 countries fully reliant
58m Wero users (EPI, Sept 2026) 43.5m after year one
9 Apr 2027 Payment and e-money institutions must offer instant payments 148 days to go
2029 Earliest possible digital euro issuance (ECB) If legislation lands in 2026

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