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Computop Brings Wero to Merchants

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Computop, a leading payment service provider, will integrate Wero, the new European payment solution developed by the European Payment Initiative (EPI), into its Paygate platform in Q4 2024. Wero, based on real-time SEPA Instant Payments, will be available for e-commerce transactions starting mid-2025. Initially, P2P payments will be available in 2024, with online retailers able to offer Wero payments by mid-2025.

Effortless Merchant Integration

Wero will launch in Germany, France, and Belgium, and will be accessible through Computop’s Paygate platform. Merchants can integrate Wero payments using simple APIs and a preconfigured Hosted Payment Page, requiring minimal development. Interested retailers can register for the pilot phase starting in Q4 2024.

Customers will conduct Wero transactions via their bank’s app or the new Wero wallet, with merchant apps and QR codes facilitating payments in desktop e-commerce.

Wide Availability Across Multiple Countries

Wero will be available to customers of banks participating in EPI, including major banks like BNP Paribas, Deutsche Bank, ING, and Crédit Agricole, covering around 85% of bank customers in Germany, France, and Belgium. Following its online launch, Wero will expand to brick-and-mortar retail and include features such as reservations, refunds, and ‘scan and go’ payments. Additional services like merchant loyalty programs and BNPL will also be integrated.

Stephan Kück, Managing Director of Computop, emphasises: ‘With the integration of wero, Computop is once again involved in the market launch of innovative payment methods and is therefore securing a competitive advantage for its merchants. As EPI will be structured as a four-parties scheme that is similar to credit card payments, merchants benefit in particular from the multi-acquirer concept of our payment platform. Another strong advantage is the unique merchant integration for multi-country merchants’

Martina Weimert, CEO of EPI: ‘Our collaboration with Computop marks the beginning of our e-commerce journey with wero, which will complete the payment scheme to be offered by the solution in the future. We’re pleased of this first agreement that will allow merchants to project themselves with a new payment scheme that fits their needs and the customer ones of easiness, security, service-offering and cost-effectiveness for both parties. We’re happy that Computop joins us  empowering our European solution in our journey of setting up a real alternative to international solutions.Many more steps to follow…!”