I was laughing about the "Wero, which is just SEPA wire transfers in a trench coat", but then I checked the technicalities of Bizum (the similar system in Spain that's also integrating with Wero) and Wero...
Bizum says on their site "...so our tech is based on SEPA transfers, linking a phone number with a Spanish IBAN so we're ready for Europe wide deployment", and Wero says "It runs on the SEPA Instant standard..."
So yes, it really is SEPA on a phone number trench coat.
Bizum says on their site "...so our tech is based on SEPA transfers, linking a phone number with a Spanish IBAN so we're ready for Europe wide deployment", and Wero says "It runs on the SEPA Instant standard..."
So yes, it really is SEPA on a phone number trench coat.