ACI Worldwide integrates EPI’s Wero wallet solution to power instant payments in Europe

Instant Payment Transactions (2028)

38.6 billion

Projected number of instant payment transactions in Europe by 2028.

Instant Payment Market Share Increase

13%

Expected market share of instant payments in all electronic payments in Europe by 2028, up from 8% in 2023.

Instant Payment Transactions (2023)

17.2 billion

Actual number of instant payment transactions in Europe in 2023.

§ 01 Executive Snapshot

What: ACI Worldwide integrates EPI's Wero wallet solution to enhance instant payments in Europe.
Who: ACI Worldwide and the European Payments Initiative (EPI).
Why it matters: This collaboration aims to streamline payments across Europe, significantly increasing the adoption of instant payment methods.

ACI Worldwide will integrate EPI's Wero wallet onto its payments orchestration platform.
Wero currently offers instant account-to-account payments in Belgium, France, and Germany, with plans for expansion to Luxembourg and the Netherlands.
Instant payment transactions in Europe are projected to rise from 17.2 billion in 2023 to 38.6 billion by 2028, representing an increase in market share from 8% to 13% of all electronic payments.

The EPI was founded by a consortium of 16 European banks and financial services companies to create a unified payment solution for the region.
The EU Instant Payments Regulation (IPR), effective January 2025, will mandate all banks and payment service providers in the Eurozone to support instant payments, facilitating wider adoption.

The integration of Wero is expected to enhance the competitive landscape of payment solutions in Europe, fostering greater consumer adoption of instant payment methods.
Long-term, this partnership may lead to a more connected and resilient European payments ecosystem, with increased transaction volumes and improved customer experiences.

Potential risks include regulatory challenges associated with the EU Instant Payments Regulation and the need for widespread merchant adoption of the Wero wallet.
Competition from other established payment systems and the necessity for robust infrastructure to support instant payments could pose execution challenges.

The rollout of Wero's in-store payment options is anticipated in 2027, which will be a critical milestone for its adoption.
Monitoring the progress of instant payment transaction growth in Europe will indicate the success of ACI and EPI's collaboration and the broader acceptance of Wero as a payment method.

§ 07

What is the purpose of ACI Worldwide integrating EPI's Wero wallet solution?

The integration aims to enhance instant payments in Europe and streamline payment processes across the region.

Who are the key players involved in this collaboration?

The key players are ACI Worldwide and the European Payments Initiative (EPI).

How is the Wero wallet expected to impact instant payments in Europe?

Wero is expected to increase the adoption of instant payment methods and contribute to a more connected European payments ecosystem.

When will the EU Instant Payments Regulation take effect?

The EU Instant Payments Regulation will take effect in January 2025.