eIDAS 2.0 Compliance: Timelines and What Businesses Must Prepare

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The revised eIDAS 2.0 regulation mandates all EU member states to provide an EU Digital Identity (EUDI) Wallet to their citizens and legal entities, marking a significant change in digital identity management since the original 2014 eIDAS regulation. This initiative aims to standardize electronic identification across Europe, requiring specific service providers, such as banks and large online platforms, to accept these wallets, which hold verifiable credentials like identity documents and professional qualifications. The rollout includes three Levels of Assurance (LoA): Low, Substantial, and High, to match the credential's verification process with the risk profile of the service relying on it. By around 2026, EUDI Wallets are expected to be operational across the EU, with acceptance obligations phasing in for the private sector. The regulation does not replace traditional verification methods but adds a new path for identity verification, allowing businesses to leverage pre-verified credentials and reduce onboarding friction. Identity providers like Didit, which meet high assurance standards, offer a compliant infrastructure for businesses adapting to eIDAS 2.0, ensuring they can handle both wallet and non-wallet user verifications effectively.

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