Wero lets users send money using just a phone number — no IBAN, no card, no intermediary.
Which is good, but we also need a card.
I doubt we can ensure
everyone has a smartphone
the smartphone has an up to date OS with security patches
has an app installed
knows how to use that all
is willing to use it all
As long as the solution is purely based on apps, large parts of the population will lose access as soon as payments via the US are no longer an option.
EDIT: Just imagine national card systems were part of Wero… And you could just use your WeroCard across Europe and buy stuff without leaving traces in the US.
Which is good, but we also need a card.
I doubt we can ensure
As long as the solution is purely based on apps, large parts of the population will lose access as soon as payments via the US are no longer an option.
EDIT: Just imagine national card systems were part of Wero… And you could just use your WeroCard across Europe and buy stuff without leaving traces in the US.
Also not to forget that right now, everything that depends on an app requires the blessing of google or apple.
Add to that - assuming cell phone coverage at the time of purchase.