RetroFed Forum
Your home away from modern life.
Poland’s BLIK looking to break US dominance of European cashless payment systems
Post Reply
AuthorMessage
Blaze piefed.zip Blaze@piefed.zip
Joined: 2025-06-13
Quote

84   Original
atro_city fedia.io atro_city@fedia.io
Joined: 2023-08-05
#2 · (edited) Quote Reply

Before reading: please say they are joining WERO

After reading: oh no... please don't tell me they are building a competitor to WERO....

11
Lysergid lemmy.ml Lysergid@lemmy.ml
Joined: 2023-06-24
#3 · Quote Reply

Before reading: please say they are joining WERO After reading: oh no... please don't tell me they are building a competitor to WERO....

Blik launched at 2015, WERO at 2024. It’s WERO building a competitor instead of joining.

6
androidul lemmy.world androidul@lemmy.world
Joined: 2024-07-07
#4 · (edited) Quote Reply

Before reading: please say they are joining WERO After reading: oh no... please don't tell me they are building a competitor to WERO....

haven’t read yet, but I hope for some interoperability at least, I’ve read this agreed by Italy, Spain, Portugal & Nordics: https://houseofel.net/europe-launches-payment-system-to-replace-visa-and-mastercard-48-5-million-users-and-growing/#%3A~%3Atext=including+Italy’s+Bancomat%2C+Spain’s+Bizum

I am really happy to see this field flourishing with so many countries jumping aboard with their own solutions, then they could interoperate and improve the network

3
VonReposti feddit.dk VonReposti@feddit.dk
Joined: 2023-06-12
#5 · Quote Reply

Blik launched at 2015, WERO at 2024. It’s WERO building a competitor instead of joining.

Meanwhile MobilePay, being released in 2013: "Am I a joke to you?"

4
trolololol lemmy.world trolololol@lemmy.world
Joined: 2023-10-07
#6 · Quote Reply

It looks like a paid article. It mentions blik twice each paragraph, didn't mention alternatives or downsides.

10
Akasazh lemmy.world Akasazh@lemmy.world
Joined: 2023-07-24
#7 · Quote Reply

Blik launched at 2015, WERO at 2024. It’s WERO building a competitor instead of joining.

WERO is based on Ideal, which is in use since 2006.

5
Lysergid lemmy.ml Lysergid@lemmy.ml
Joined: 2023-06-24
#8 · (edited) Quote Reply

WERO is based on Ideal, which is in use since 2006.

Don’t know what you mean by based. Yes, same banks are backing WERO as iDEAL. WERO site explicitly says it’s new infrastructure and they are migrating, not upgrading.

But it’s also has nothing to do with WERO vs BLIK. WERO-backing banks don’t give a shit about Poland’s users. Or they simply do not operate in Poland. Say ING, they operate in Poland since 1988 but didn’t manage to rollout neither iDEAL nor WERO. Moreover Polish branch of ING supports BLIK. I don’t know why they cut off Polish users from WERO.

I’m pretty sure both BLIK and WERO banks would like to keep tech for themselves for sometime to make it selling point against competitors on local markets.

4
SharkAttak kbin.melroy.org SharkAttak@kbin.melroy.org
Joined: 2024-09-23
#9 · Quote Reply

I'd like to know their stance on adult content.

3
𝙲𝚑𝚊𝚒𝚛𝚖𝚊𝚗 𝙼𝚎𝚘𝚠 programming.dev ChairmanMeow@programming.dev
Joined: 2023-08-16
#10 · Quote Reply

Don’t know what you mean by based. Yes, same banks are backing WERO as iDEAL. WERO site explicitly says it’s new infrastructure and they are migrating, not upgrading. But it’s also has nothing to do with WERO vs BLIK. WERO-backing banks don’t give a shit about Poland’s users. Or they simply do not operate in Poland. Say ING, they operate in Poland since 1988 but didn’t manage to rollout neither...

iDEAL is Dutch only. WERO is made by (some of) the people behind iDEAL (amongst others), which is also why iDEAL is turning into WERO soon-ish.

WERO is also just barely out of the womb and is slowly rolling out to a handful of countries first. The idea is that that rollout will grow to other countries after it settles a bit.

BLIK and WERO operate in different "markets" because Poland pays with the Polish Złoty (PLN), whereas WERO focuses on the Euro. Polish banks were originally involved with the project however, but they withdrew in 2022 (back when the plan was still to setup a rival card network to VISA/MasterCard).

2
Post Reply
Back to top