Wero is a new pan-European payment method backed by the European Payments Initiative (EPI), a coalition of European banks and financial service companies including BNP Paribas, ING, Deutsche Bank, and Rabobank. It moves money directly from your customer's bank account to yours over instant SEPA infrastructure.
For your business, adopting Wero brings a significant change: it's non-guaranteed.
If you're used to iDEAL or Payconiq, you're used to payments that can't be reversed once they're made. Wero is different, as it introduces the possibility of disputes and chargebacks.
That means if a dispute is upheld, you could lose the sale and the product – and pay a fee on top. And someone on your team will need to track each case, gather evidence, and respond before the deadline.
In this article, we break down what non-guaranteed actually means, how the Wero dispute process works, and how to protect your revenue without giving up the payment methods your customers want to use.
Wero is a new pan-European payment method backed by the European Payments Initiative (EPI), a coalition of European banks and financial service companies including BNP Paribas, ING, Deutsche Bank, and Rabobank. It moves money directly from your customer's bank account to yours over instant SEPA infrastructure.
For your business, adopting Wero brings a significant change: it's non-guaranteed.
If you're used to iDEAL or Payconiq, you're used to payments that can't be reversed once they're made. Wero is different, as it introduces the possibility of disputes and chargebacks.
That means if a dispute is upheld, you could lose the sale and the product – and pay a fee on top. And someone on your team will need to track each case, gather evidence, and respond before the deadline.
In this article, we break down what non-guaranteed actually means, how the Wero dispute process works, and how to protect your revenue without giving up the payment methods your customers want to use.
Wero is a new pan-European payment method backed by the European Payments Initiative (EPI), a coalition of European banks and financial service companies including BNP Paribas, ING, Deutsche Bank, and Rabobank. It moves money directly from your customer's bank account to yours over instant SEPA infrastructure.
For your business, adopting Wero brings a significant change: it's non-guaranteed.
If you're used to iDEAL or Payconiq, you're used to payments that can't be reversed once they're made. Wero is different, as it introduces the possibility of disputes and chargebacks.
That means if a dispute is upheld, you could lose the sale and the product – and pay a fee on top. And someone on your team will need to track each case, gather evidence, and respond before the deadline.
In this article, we break down what non-guaranteed actually means, how the Wero dispute process works, and how to protect your revenue without giving up the payment methods your customers want to use.
Wero is a new pan-European payment method backed by the European Payments Initiative (EPI), a coalition of European banks and financial service companies including BNP Paribas, ING, Deutsche Bank, and Rabobank. It moves money directly from your customer's bank account to yours over instant SEPA infrastructure.
For your business, adopting Wero brings a significant change: it's non-guaranteed.
If you're used to iDEAL or Payconiq, you're used to payments that can't be reversed once they're made. Wero is different, as it introduces the possibility of disputes and chargebacks.
That means if a dispute is upheld, you could lose the sale and the product – and pay a fee on top. And someone on your team will need to track each case, gather evidence, and respond before the deadline.
In this article, we break down what non-guaranteed actually means, how the Wero dispute process works, and how to protect your revenue without giving up the payment methods your customers want to use.
