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.”
