Wero is the European Payments Initiative's account-to-account payment scheme, operated by Brussels-based EPI Company SE and backed by 16 European banks and PSPs. It settles euro payments between bank accounts in seconds over SEPA Instant, and runs person-to-person in Belgium, France and Germany with e-commerce rolling out from 2026. The Dutch iDEAL scheme is migrating onto Wero infrastructure, with iDEAL due to be phased out by mid-2027.