Five Luxembourg Banks Join EPI to Launch Wero Instant-Payments App by Mid-2026

Five Luxembourg Banks Join EPI to Launch Wero Instant-Payments App by Mid-2026

(IN BRIEF) EPI has onboarded Spuerkeess, BGL BNP Paribas, BIL, POST Finance and Banque Raiffeisen, who—supported by LUXHUB—will launch the Wero app in Luxembourg by June 2026. Wero offers instant peer-to-peer, invoice, online and point-of-sale payments across Luxembourg and neighboring countries. A phased merchant migration from Payconiq to Wero will run through September 2026. This move advances EPI’s goal of a unified, sovereign European payments ecosystem, leveraging Luxembourg’s financial infrastructure and digital readiness. Upcoming Wero enhancements include e-commerce capabilities, subscription management and loyalty services.

(PRESS RELEASE) BRUSSELS, 17-Jun-2025 — /EuropaWire/ — The European Payments Initiative (EPI) today welcomed five leading Luxembourgish banks—Spuerkeess, BGL BNP Paribas, Banque Internationale à Luxembourg (BIL), POST Finance and Banque Raiffeisen—into its membership. Together with technical partner LUXHUB, these institutions have launched their integration projects and will roll out the Wero standalone app by June 2026. Wero enables instant account-to-account transfers, invoice payments, online and in-store purchases across Luxembourg and partner markets such as Belgium, France, Germany and, soon, the Netherlands.

Banking executives celebrated the move as a pivotal step in delivering a truly European, sovereign payment solution. “By joining EPI and supporting Wero’s launch, we reaffirm our dedication to secure, innovative and user-centric payment services,” said Laurent Zahles, CEO of Banque Raiffeisen. Béatrice Belorgey, Chair of BGL BNP Paribas Luxembourg, added, “Following Wero’s successful debuts in Germany, France and Belgium, we’re excited to bring this platform to Luxembourg—offering customers simplicity, value and seamless cross-border capabilities.”

EPI has partnered with Payconiq International to ensure merchants transition smoothly from the existing Payconiq solution. Beginning in early 2026, Wero will be progressively introduced to retailers, with full migration completed by September 2026. Françoise Thoma, CEO of Spuerkeess, noted, “This collaboration lays the foundation for a unified digital wallet that empowers both consumers and businesses and cements Luxembourg’s role as a financial-innovation hub.”

Martina Weimert, CEO of EPI, emphasized Luxembourg’s strategic importance: “With its advanced infrastructure, high digital adoption and international workforce, Luxembourg is the ideal springboard for scaling our cross-border instant-payments solution.” Building on over 40 million Wero registrations across four markets, EPI will continue expanding its bank and partner network and roll out new features—e-commerce payments by late 2025, followed by subscriptions, loyalty programs and enhanced in-store functionality in 2026.

About EPI

EPI (or European Payments Initiative) is supported by 16 European banks and payment service providers. They have joined forces with a common goal: to offer a unified mobile payment service, to all European companies and citizens, Wero. EPI intends to enable European consumers and to carry out all types of retail transactions simply, via a resolutely sovereign digital wallet.

About Wero

Based on instant account-to-account (A2A) payments, Wero further streamlines payments in Europe by eliminating intermediaries in the payment chain and the associated additional costs. Wero already supports payments between individuals, and will shortly unveil payments to professionals (P2Pro) and those for online and mobile purchases. Point-of-sale payments will also be offered, as well as value-added services such as merchant loyalty programs and recurring subscription management.

About Banque Raiffeisen

Founded in 1926, Banque Raiffeisen is the only cooperative bank in Luxembourg.
Rooted in the local economy for 100 years, it places proximity, responsibility, and solidarity at the heart of its values.
As a trusted partner, it supports individuals, professionals, and businesses at every stage of their financial journey by offering sustainable and personalised solutions.

About BGL BNP Paribas

BGL BNP Paribas (www.bgl.lu) est une des plus grandes banques du Grand-Duché de Luxembourg et fait partie du Groupe BNP Paribas. Elle propose à ses clients particuliers, professionnels, entreprises et de banque privée une gamme particulièrement large de produits financiers et de solutions de bancassurance. Fin 2024, BGL BNP Paribas employait 2.089 collaborateurs au Luxembourg.

About Banque Internationale à Luxembourg (BIL)

Founded in 1856, Banque Internationale à Luxembourg (BIL) is the oldest multi-business bank in the Grand Duchy. It has always played an active role in the main stages of development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on financial markets. Employing more than 1,900 people, BIL is present in the financial centres of Luxembourg, Switzerland, and China. www.bil.com

About LUXHUB

LUXHUB was born in the wake of PSD2 and emerged from the combined vision of four major Luxembourgish banks – Spuerkeess, BGL BNP Paribas, POST Luxembourg & Banque Raiffeisen. The Fintech rapidly evolved into a leading Open Finance player and has become a recognized connectivity and mutualization expert, serving 80+ clients in 10+ European countries.

LUXHUB provides several compliance services (notably on the PSD2, CEDR, CESOP, Verification of Payee and FiDA topics) as well as solutions revolving around account aggregation and payment initiation. More information: www.luxhub.com

About POST Luxembourg

POST Finance, the financial services division of POST Luxembourg, provides individuals and businesses with a comprehensive and highly competitive range of financial solutions, with a focus on current accounts, money transfers, as well as debit and credit cards. It’s eboo packages are offered at a fixed monthly price, including free ebanking payments, free card payments and free ATM cash withdrawals – worldwide. Mobile payment options such as Apple Pay and Google Wallet are also fully supported.

Historical Reminder: Since 1911, POST has been offering financial services in Luxembourg. At the time, in response to issues such as cash shortages and the exclusion of a segment of the population, the introduction of a national and international postal check and transfer service provided the entire population with facilities previously reserved for bank customers. It was also necessary to democratize the use of checks and bank accounts in Luxembourg and to accustom the population to this new mode of payment, particularly for modest sums. Since then, financial inclusion for all, including the most vulnerable, has become the raison d’être of POST Finance.

About Spuerkeess

Since its founding in 1856, Spuerkeess has been wholly owned by the Luxembourg State. The Bank’s statutory missions are to promote savings, facilitate access to housing, and support the development of the national economy. Today, Spuerkeess is both the leader in the domestic retail banking and SME markets and a universal and systemic bank, recognized well beyond the borders of the Grand Duchy of Luxembourg. International rating agencies have awarded it AA+ (Standard & Poor’s) and Aa2 (Long-term Deposit Rating, Moody’s).

In 2024, Spuerkeess was honoured with the “Randstad Employer Brand Research Award” and received the title of “Best Investment Bank & Sustainable Finance Luxembourg” at the Global Finance “Sustainability Awards.” Additionally, Sia Consulting concluded that S-Net is considered the best banking application in Luxembourg. More information at: www.spuerkeess.lu

SOURCE: EPI Company SE