Ronny Khan gives an interview at Identity Week Europe 2023 representing the NOBID Consortium that ran a project to pilot the payment-focused use case for the EU Digital ID Wallet.
The consortium believes a high volume use case such as payments is “critical for the European wallet to succeed”, influencing EU pilots to date and the final iteration of eIDAS 2.0, which passed in February 2024.
The factual background to a push for payment inclusion in eIDAS is the benefit of less fragmentation, open banking and the provision of internal markets for financial services.
Ronny Khan said about the EU digital wallet: “The key is a harmonised European solution and is very much related to the digital finance strategy”.
“The reason this regulation was created with the obligations to states and industry was the fact that voluntary measures have failed to produce the progress needed on a European level”.
The 2026 deadline looms to begin building the actual infrastructure for the EU wallets.
