Wero Gains Users but PayPal Still Leads in Germany (heise.de)

• Wero grows in Germany but trails PayPal.
• PayPal leads with over 60% market share; Wero under 20%.
• EPI pushes for European digital autonomy.
• Consumers favor PayPal's international reach.

"European payment solution Wero from the European Payments Initiative (EPI) is gaining users in Germany but remains far behind PayPal. Despite political efforts for digital autonomy, PayPal holds over 60% market share while Wero has under 20%. German banks support Wero as part of a strategy to reduce reliance on US services, but consumers value PayPal's international acceptance and ease of use. EPI aims to build an independent European payment infrastructure to compete long-term."