Clients of Deutsche Bank and Postbank will from now on be able to send money and shop online across Europe using the Wero app.
Effective immediately, Deutsche Bank and Postbank are offering their clients the full range of functions of the new digital payment app Wero. „Since the beginning of the week, clients of both banks have been able to send and receive money in real time to family and friends across Europe with Wero, as well as pay in participating online shops. Postbank clients, who have already been able to transfer money to personal contacts with Wero since November 2024, have now been given the e-commerce function.” – according to the press release.
“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.”
“For Wero’s success, it is crucial that people can easily use the European payment solution in their daily lives. As The Global Hausbank, we not only offer Wero to our private clients, but are also a partner for European merchants and fintechs. We help them seamlessly integrate Wero as a payment option and reach their clients in Germany and four other European countries,” explained Kilian Thalhammer, Head of Merchant Solutions at Deutsche Bank.
„The launch of Wero by Deutsche Bank in Germany is a strong signal for the reachability and market penetration in Germany. We are very pleased to see Wero now enabling fast, secure P2P money transfers for all Deutsche Bank and Postbank customers, as well as instant and seamless payments at merchants that already accept Wero across Germany. This marks an important step toward a truly European payment solution,” added Martina Weimert, CEO of EPI Company.
Wero’s range of functions will gradually expand
Wero is a digital payment solution that has been operated by the European Payments Initiative (EPI) since July 2024. Behind the EPI is an association of 16 major European banks and payment service providers that enable their clients to make instant transfers without entering IBAN and BIC as well as in future retail transactions. Wero’s goal is to establish a unified mobile payment service, via a resolutely sovereign digital wallet for all of Europe.
Wero’s range of functions will be gradually expanded. For example, since November 2025, Wero can be used to pay in participating online shops. Future plans include the management of recurring payments, such as for subscriptions, as well as payments at the point-of-sale in brick-and-mortar retail. Also in preparation are further value-added services such as instalment payments (“Buy Now, Pay Later”), the integration of merchant loyalty programmes, and functions for managing shared expenses.
The Wero app is directly linked to the current account at Deutsche Bank or Postbank, making payments as simple as sending a message. Amounts are debited or credited directly to the account; a separate top-up of the app is not required. The integration of Wero into the “Deutsche Bank Mobile” and “Postbank” banking apps is planned for a later date to offer users the choice between the Wero-app and their known mobile banking app.
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