Digital wallets enable to securely store payment and identity credentials. They’re becoming the corner stone for digital identity verification.
Digital wallets enable to securely store payment credentials – credit and debit card details, loyalty points, digital currencies – enabling contactless point-of-sale transactions, online purchases, and peer-to-peer transfers via mobile devices or web browsers. Digital wallets increasingly integrate features like biometric authentication, loyalty program management, and transaction history for a comprehensive user experience.
Crucially, they are also becoming the cornerstone for digital identity verification, securely holding and managing digital identities alongside payment information.
In today's mobile-first world, digital wallets are essential for a streamlined payment experience. They allow us to eliminate physical cards, drive increased card usage and stronger customer loyalty. Now, the integration of digital identity within wallets can become a game-changer for card issuers. It provides a secure and user-friendly way to verify customer identity integrated with the payment process itself.
Looking ahead, the EU Digital Identity Wallet mandate in 2027 will make secure, interoperable digital identity a standard, positioning digital wallets as critical infrastructure for accessing services and conducting transactions across Europe. A proactive digital wallet strategy that embraces digital identity will be key for revenue growth, strengthened customer relationships, and future regulatory compliance.
We analyse the market in a global and regional perspective, highlighting, for example, the differences between the European Digital Identity Wallet and the mDL standards. We offer the most promising use cases, from age verification to hotel check-in to account opening. Furthermore, we identify the best digital wallet solutions for your organization, again considering their regional focus, their interoperability in the global market, the technical standard followed (mDoc, Verifiable Credentials, etc.) and the use cases supported; or helping you plan how to build your own digital wallet.
We help you with translating the complex technical specifications surrounding digital identity and digital wallet standards into actionable plans and providing hands-on support throughout development and/or integration.
Offering support in the creation of an intuitive interface for payments and digital identity, robust security protocols, and seamless integration with existing infrastructure. Guiding your strategy for success in the evolving payments and digital identity landscape, tailored to regional market nuances and regulatory requirements. We help you determine when to launch your product and how to market it better, for timely success.
We focus on offering a complete service, from both a regional and international point of view. Reviewing and offering the most promising use-cases for implementation of digital wallets and digital identities.
Which digital wallet is best for your organization, and should you build or buy?
From age verification to hotel check-in to account opening, digital identities enhance the verification process.
When you need to understand and consider interoperability with other services, and whether to focus regionally or internationally.
Assisting you with which technical standards to adhere to, and how to interpret them.
Support with creation of an intuitive interface for payments and digital identity, that is secure and user-friendly.
Guiding your strategy for success in the evolving payments and digital identity landscape.
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