In this session, we will discuss the learnings from the digital identity initiatives in Europe, UK, Australia and New Zealand. Their digital identity ecosystems are using and piloting multi-purpose, public and private wallets, with decentralized storage of credentials.
The diversity of digital identity systems in these countries, as well as diversity of payment methods pose unique challenges, but also enable innovative payment-related use cases.
Significant steps related to payment authentication or account opening pave the way to efficient processing of payments in environments requiring age verification or photo ID.