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Hand in hand with DZ Bank: WERO on the road to success

Clear signal at the very first WERO Summit (powered by DZ Bank & TeleskopEffekt): WERO - a European payment system on the rise.
vor 10 months | by Tanja Speck
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A clear signal at the very first WERO Summit (powered by DZ Bank & TeleskopEffekt): WERO - a trustworthy, European payment system is on the rise - suitable for everyday use, future-proof, independent. Together with DZ BANK, we have not only conceived and designed the WERO Summit, but have already made it a reality - and with success!  

On June 17, 2025, the Werkbank32 was once again the venue for a groundbreaking exchange: representatives of DZ BANK, colleagues from various regional banks and TeleskopEffekt came together in a summery atmosphere at the first WERO Summit - with the aim of networking key WERO drivers in the banking sector. The aim was to strengthen their ability to communicate the benefits of WERO to both employees and customers in order to strengthen the banks' handling and marketing of WERO.

A deliberately practical format: less frontal input, more dialog, including with beer mats, open exchange and a common goal.
Sharing knowledge, linking perspectives and passing on responsibility - so that a strong idea becomes a widely supported implementation.

And one thing became clear once again:
WERO is not only a good idea, but already a strong platform - and in many respects already ahead of existing competitors such as PayPal in terms of technology and structure.

 

WERO - Pay the way Europe needs it

Not just another tool in the digital banking jungle: WERO is the answer to many of the shortcomings that digital payment services have exhibited in recent years - from non-transparent fee models and a lack of data sovereignty to the completely unpredictable customs situation of the last few weeks and months.

WERO can do more - and makes it easier:

  • Young people aged 14 and over can use WERO - how to retain young customers
  • Transfers are booked within a few seconds, including confirmation from the recipient bank
  • No need for an IBAN - a QR code, telephone number or e-mail is sufficient
  • No additional app, no new account, no additional password required
  • WERO complies with European data protection law - data remains with the bank
  • No sudden changes to terms and conditions

It also offers WERO PRO For solo self-employed and small business owners, practical additional functions such as payment receipts, business interfaces and simple setup - directly from banking.

WERO is not a tired compromise. It is real progress.

 

The WERO Summit: developing strategies, igniting impact

The fact that the first WERO Summit took place in Mittweida was no coincidence - nor was it an individual project. Because we share a common vision with DZ BANK: to promote Europe as a location for innovation - and not only to demand digital sovereignty, but to put it into practice.

We are therefore working closely together on this, Transferring WERO to the wider society - via workshops, events, direct cooperation with cooperative banks, multipliers and digital target groups. Together, we have created a format that brings together people from the banking sector to share strategic knowledge, practical approaches and future perspectives on WERO.

The result: a strong understanding of how WERO not only works, but can also be established across the board.
What hurdles still need to be overcome.
And what opportunities lie ahead if Europe goes its own way with digital payments.

The summit in Mittweida was the ideal start.

 

Partnership with DZ BANK: Achieving impact together

The close cooperation with the DZ BANK is not just a cooperation for us - it is an expression of a shared understanding.
Both partners share the aspiration of not only implementing innovations technically, but also making them structurally viable.

WERO continues - Stuttgart is the next stop

The second WERO Summit will take place on July 22, 2025 - this time in Stuttgart.

Once again, we at TeleskopEffekt are designing the format in close cooperation with DZ BANK.

The goal remains the same: To create sustainable structures that not only make WERO known, but also effective.

What began in Mittweida was the starting signal for a movement. A movement for a payment system that does not think in silos, but in networks.
Do you want to be part of this movement?

➡️ Then register now! https://www.teleskopeffekt.de/veranstaltung/wero-summit-stuttgart-2025/

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Moritz Balzer Project manager
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"Let's shape the future together - Mittweida is the place to be!" - is the motto of the Innovation Centre for Digitalization, which can be found at Bahnhofstraße 32 in Mittweida and is a joint project of Volksbank Mittweida EG and Teleskopeffekt GmbH.
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