Nuvei, the Canadian fintech company, announces today its membership in the European Payments Initiative (EPI), becoming one of the first payment services providers to enable ecommerce businesses to accept Wero, EPI’s innovative digital wallet, in their online checkouts.
Wero already facilitates instant account-to-account (A2A) transfers using SEPA Instant Credit Transfer protocols, enabling users to send money within 10 seconds via mobile numbers, email addresses, or QR codes. Created to unify Europe’s fragmented payment landscape and enhance financial sovereignty, Wero has already seen rapid adoption, attracting over 40 million users since its initial launch in Germany, France, and Belgium in late 2024. Expansion into the Netherlands and Luxembourg is set to begin shortly, alongside planned enhancements, such as Buy Now Pay Later (BNPL) and customer loyalty programs, further increasing Wero’s appeal to European consumers.
Nuvei’s merchant clients will gain early access to this swiftly expanding European payment solution through their existing single integration with Nuvei’s core payments platform. While pilot programs begin in May 2025, general availability for merchants is scheduled for September 2025.
Philip Fayer, Nuvei Chair and CEO, commented on the announcement: “Europe is actively seeking greater payment sovereignty and consumer-centric solutions, and Wero directly addresses these strategic imperatives. By integrating Wero into our platform early, we are empowering our merchant partners to capitalize on emerging payment trends and deliver preferred local payment experiences at scale. This positions Nuvei uniquely as a leader in supporting European merchants with forward-thinking payment innovations.”
Martina Weimert, CEO of EPI, added: “Our partnership with Nuvei is a new key step towards Wero’s expansion to the e-commerce sector. By making Wero available to Nuvei’s extensive merchant network, we’re accelerating the adoption of a truly European payment solution that enhances financial sovereignty while delivering a seamless, easy and innovative experience for consumers and businesses alike. This collaboration aligns perfectly with our vision of creating a unified payment ecosystem that serves the unique needs of the European market.”
This strategic partnership underscores Nuvei’s ongoing commitment to building the most comprehensive and agile alternative payment method (APM) portfolio. Through a single, flexible integration, Nuvei enables merchants globally to customize their payment offerings effortlessly, ensuring alignment with local consumer preferences and market trends.
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