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I agree, the Dutch iDeal was probably the better name. However I'm not sure if this is an uniquely European problem. Wero's counterpart 'Zelle' doesn't seem to be that much better of a name.

Only English-sounding names are cool. The terminal state of cultural domination.

It's called Wero, because it means we and euro in all of the official EU languages.

It sounds a bit like "giro" which was a physical mail-based way of transferring money. Not a bad name at all.

Why do you feel that Wero is a stupid name?

Because iDeal hints at what it’s for.

What is a “wero”? Ask your parents or children what they think an “I deal” does and what a “wero” does.