Preparations for the rollout of the European payments app Wero in Luxembourg have advanced, after the portfolio of business customers directly connected to Payconiq International was formally transferred to Buckaroo following regulatory approval. The transfer marks the operational start of a strategic partnership between Buckaroo, Payconiq International and the European Payments Initiative (EPI). For now, the move impacts the merchant side of the payments ecosystem and does not change how consumers in Luxembourg make payments. Also read: Wero digital wallet coming to Luxembourg in mid‑2026Payconiq International said the handover ensures stability for its Luxembourg merchant base as the transition to Wero progresses. Luxembourg is expected to join the Wero network in June 2026, with five major retail banks - Spuerkeess, BGL BNP Paribas, Banque Internationale à Luxembourg, Post Luxembourg and Banque Raiffeisen - already signed up.