Is Wero available in Austria?
Not yet. On 22 June 2026 Erste Bank Oesterreich and Raiffeisen joined the European Payments Initiative as shareholders, and Erste said it would announce a launch once the wallet is ready for the Austrian market. PSA is already preparing the issuing support Austrian banks will need.
In detail
Not yet. On 22 June 2026 Erste Bank Oesterreich and Raiffeisen joined the European Payments Initiative as shareholders, and Erste said it would announce a launch once the wallet is ready for the Austrian market. PSA is already preparing the issuing support Austrian banks will need.
Wero in Austria
On 22 June 2026 Erste Bank Oesterreich and Raiffeisen became shareholders of the European Payments Initiative to bring Wero to Austria, with no launch date yet, and PSA is preparing Wero issuing support for Austrian banks. A PSP entering Austria should look for a partner that is ready for Wero and SEPA Instant settlement.
What Austrians use in the meantime
Since 9 October 2025 every Austrian bank must send as well as receive SEPA Instant transfers at the price of a normal transfer, with a name and IBAN check before each payment. Online, eps-Überweisung, the banks' own pay-by-bank button, processed 35 million payments in 2025, and Sofortüberweisung was folded into Klarna's Pay Now in July 2024. The OeNB puts cards at 35% and wallets or internet payment methods at 30% of online payments, with PayPal the default wallet.
More detail in our #PayWorldTour guide Payment methods in Austria.