Fintech

EU mulls digital wallet for bloc-wide access to services

Brussels to launch single online ID to pay bills and log in to services

A digital wallet could allow EU citizens to settle bills swiftly and securely
A digital wallet could allow EU citizens to settle bills swiftly and securely Photo: Getty Images

EU citizens could soon see their payment details and passwords stored in a single digital identity and used to access services across the bloc, according to reports.

Detailed plans for a bloc-wide digital wallet are set to be unveiled as soon as 2 June, the Financial Times reported.

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