digital wallets news

MEPs back plans for an EU-wide digital wallet

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The new digital identity framework will provide EU citizens with cross border digital access to key public services.

According to the regulation adopted on Thursday, and already agreed upon with EU ministers, this new Digital Identity Wallet will allow citizens to identify and authenticate themselves online without having to resort to commercial providers – a practice that raises trust, security and privacy concerns.

The EU wallet will be used on a voluntary basis. During negotiations, MEPs secured provisions to safeguard citizens’ rights and foster an inclusive digital system by avoiding discrimination against people opting not to use the digital wallet.

The law provides for free “qualified electronic signatures” for EU wallet users, which are the most trusted, and have the same legal standing as a handwritten signature, as well as wallet-to-wallet interactions, to improve the fluidity of digital exchanges.

You can read the full article here.

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