More
    HomeTechnologyDigitalizationBanca Transilvania and BPC deliver Romania’s first EU Digital Identity wallet payment

    Banca Transilvania and BPC deliver Romania’s first EU Digital Identity wallet payment

    Published on

    Banca Transilvania and BPC, global leader in payments solutions, have completed the first Romanian pilot of the EU Digital Identity Wallet (EUDIW) for payments, enabling cardholders to authenticate online purchases with their new European Digital ID.

    The project forms part of the EU Digital Wallet Consortium led large‑scale pilot funded by the European Commission to push the agenda of the eIDAS 2 regulation, which requires all EU banks to accept EUDIW for KYC and strong customer authentication by 2027.

    “It is a source of pride for Banca Transilvania, as a market leader in Romania, to be part of this historic project, which creates a common digital framework, developed on unique standards across the European Union, with the same identity verification, security and data protection rules. The EU Digital Identity Wallet will contribute to strengthening the European identity by developing a whole ecosystem ensuring interoperability and access to banking services. The initiative will help us to be more connected, more inclusive and enhance our sense of belonging to something great, aspirational and powerful in the world” – says Oana Ilaș, Deputy CEO Retail Banking, Banca Transilvania.

    Vasily Volynsky, Global Head of Accounts, SVP, BPC, said: “Being the first issuer bank in Romania to accept the EU Digital Identity Wallet is a milestone for Banca Transilvania and for Europe’s payments landscape. We are proud to help Banca Transilvania with this and to be a part of this global Europe Digital ID European Commission initiative.”

    Latest articles

    Distribuție Energie Electrică Romania Organizes the Fourth Edition of the Cybersecurity in Energy Forum

    Cluj-Napoca will host the fourth edition of the Cybersecurity in Energy Forum on 29–30 October 2026. Organized...

    Study: 81 percent of European business leaders want to increase AI investment over the next 12 months

    European companies remain confident in the potential of artificial intelligence and continue to invest...

    Adrem signs agreement to acquire majority stake in Electroechipament Industrial Group

    Adrem Group and Electroechipament Industrial (EEI) Group have announced the signing of an agreement...

    PwC: Romania’s entertainment and media industry to reach EUR 5.22 billion this year, driven by digital segments

    Internet advertising and digital streaming services for film and music are the fastest-growing segments...

    More like this

    Distribuție Energie Electrică Romania Organizes the Fourth Edition of the Cybersecurity in Energy Forum

    Cluj-Napoca will host the fourth edition of the Cybersecurity in Energy Forum on 29–30 October 2026. Organized...

    Study: 81 percent of European business leaders want to increase AI investment over the next 12 months

    European companies remain confident in the potential of artificial intelligence and continue to invest...

    Adrem signs agreement to acquire majority stake in Electroechipament Industrial Group

    Adrem Group and Electroechipament Industrial (EEI) Group have announced the signing of an agreement...