Deutsche Bank and Postbank are now offering clients the full functionality of the Wero digital payment app.
From the start of this week, customers of both banks can send and receive money in real time across Europe and make payments at participating online merchants.
Postbank clients, who have been able to transfer funds to personal contacts via Wero since November 2024, now also have access to the app’s e-commerce functionality.
“Following the successful launch at Postbank, we are very pleased to offer the full range of Wero’s functions at Deutsche Bank and Postbank,”
said Dominik Hennen, Head of Personal Banking at Deutsche Bank.
“Wero is a decisive step towards a unified European payment landscape. We offer our clients an innovative solution that simplifies private and e-commerce payments even across national borders.”
The European Payments Initiative (EPI) has operated Wero since July 2024, enabling customers to transfer money instantly without entering IBAN or BIC, with all transactions linked directly to their current accounts.
The app’s functionality will continue to expand, with future plans including subscription management, payments at physical points of sale, instalment payments, merchant loyalty integration, and tools for managing shared expenses.
Deutsche Bank and Postbank plan to integrate Wero into their mobile apps at a later stage.
Featured image credit: Edited by Fintech News Switzerland, based on image by smth.design via Freepik
