European Payments Initiative CEO says Trump fears are boosting its appeal
Airfind news item
By Elizabeth Howcroft
Published on March 26, 2026.
Fears that President Donald Trump's administration could limit Europe's access to U.S. payments infrastructure are boosting regional adoption of a competing European payment platform, Wero, by CEO Martina Weimert. Wero is now available to customers in Belgium, France, and Germany and its number of users has risen to 52.5 million from 43.5m in September, a fraction of Europe's payments industry. This has led to a sense of urgency about reducing European dependence on U.K. and increasing efforts by the European Union to reduce its reliance on US.
Read Original Article