Visa Europe Digital ID Chief Calls EU Digital Identity Wallet a “Gamechanger” for Payments, Envisions Broader Uses Like Income Verification

Mandatory by 2027, the EU’s Digital Identity Wallet risks becoming the skeleton key to modern life without a lock on its own powers.

As the European Union prepares to roll out its official Digital Identity Wallet, Visa Europe’s Head of Digital Identity, Marie Austenaa, has championed the initiative as a turning point for financial services.

But even as its alleged benefits are being spotlighted, from streamlined banking to cross-border authentication, serious questions around privacy, civil liberties, and the implications of centralized digital identity are surfacing alongside the optimism.

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