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European business wallet regulation – what it means and how to prepare

Written by Partisia | 2025.12.12


What the European business wallet regulation aims to achieve

The European business wallet regulation is part of a broader push to modernize how companies identify themselves, exchange documents, and meet compliance duties across the EU. Instead of relying on local portals, unverified PDFs, or manual certificate checks, businesses will be able to use a secure wallet to share company information, licences, permits, and declarations. The goal is to cut administrative burdens, strengthen trust, and make cross-border operations more practical.

The initiative supports the European Digital Identity Framework and is expected to become a core requirement for many services by 2026. It allows companies to prove legal identity digitally, reducing friction for everything from tender submissions to product data exchange.

Why the regulation matters now

EU companies face rising compliance pressure. Different member states use different systems, and businesses often submit the same information repeatedly. The business wallet regulation introduces a unified, verifiable method to avoid duplication and errors. It also supports sectors that rely on authenticated data, including logistics, finance, procurement, and regulated industries.

How the European Business Wallet works

The wallet works as a secure container for company data and verified credentials. This includes identity attributes, authorisations, registrations, and certifications. Trusted issuers provide verifiable credentials linked to the company’s legal identity. Service providers can then check these credentials instantly through a standard verification process.

Unlike static documents, credentials in the wallet can be time-limited, automatically updated, and cryptographically protected against tampering. This supports regulatory accuracy while reducing administrative tasks for both businesses and government agencies.


Key components of the regulation

1. Verified business identity

The regulation requires companies to operate with a confirmed digital identity based on the eIDAS framework. This creates a consistent trust layer for all cross-border activities.

2. Standardised credential types

Licences, certificates, registrations, and declarations will follow a shared European standard. This gives relying parties a reliable method to check authenticity.

3. Secure data exchange

The wallet allows encrypted data exchange between issuers, service providers, and companies. This reduces the risk of fraud and supports compliance with data protection rules.

4. Interoperability across the EU

Wallets must work across all member states. A credential issued in one country must be usable in another without custom integration or manual verification.

Expected impact on businesses

Companies will see changes in how they submit information, complete onboarding processes, and manage compliance. Document-heavy procedures can be replaced by verifiable digital workflows. This applies to financial onboarding, procurement, customs, certification, and other high-trust interactions.

Free guide to the European Business Wallet (EUBW)

The Europe Commission is already taking the necessary steps to realise this strong potential and has made it one of its highest priorities to ensure such business wallets at a European level. In fact, they both made it a flagship action as part of EU’s competitive compass from January 2025 and part of the EU Commission's work program. The motivation for this may be related to the reported 2 trillion euro loss in annual global economic value from lost productivity and revenue opportunities. 

What's inside?

  • A Technical Solution

  • Practical use cases for a Business Wallet

  • The European Business Wallet (EUBW)

    and more...

 

 

 

Link to major EU initiatives

The business wallet is closely linked to other European programs, such as the Digital Product Passport (DPP). Many product categories will require verified product data linked to a trusted business identity. This connection ensures that sustainability claims, traceability workflows, and regulatory submissions can be evaluated securely.

For example, this framework supports supply-chain documentation, including use cases like verified origin data for coffee exports. Read more about this in Partisia’s explanation of how EUBW connects business identity with the Digital Product Passport.

Where Partisia supports the regulatory shift

Partisia provides privacy-preserving technology for secure data exchange, verifiable credential handling, and cross-border collaboration. Its solutions align with the requirements of the business wallet by enabling encrypted verification without exposing sensitive information.

Partisia offers:

  • technology for secure credential issuance and verification
  • support for decentralized and enterprise identity systems
  • privacy-preserving data collaboration for compliance workflows
  • integration with Digital Product Passport solutions

Learn more on Partisia’s page about EUBW and DPP or explore a Partisia partnership on privacy-first Digital Identities, leveraging blockchain and MPC.

Expert insight

Mark Medum Bundgaard, Chief Product Officer at Partisia, offers this perspective:

“Business identity must be verifiable and secure if Europe wants cross-border digital services to scale. The wallet model solves this by making trust portable and privacy-focused. It reduces friction and gives companies a practical way to operate across the EU without exposing sensitive information.”


Summary

The European business wallet regulation creates a new standard for digital identity, data exchange, and trust. As 2026 approaches, companies should prepare for a shift toward verifiable credentials, automated compliance, and encrypted collaboration across supply chains. Partisia provides the technology needed to support these changes and align with the European Digital Identity framework.