Digital ID Wallet

Wultra Digital ID Wallet is a digital identity solution designed for financial services organizations to issue, accept, and manage secure digital identity credentials. The product enables decentralized citizen identity management across global markets. The wallet supports multiple use cases including digital customer onboarding with KYC and AML capabilities, strong customer authentication for account access, online and offline payment authorization, account confirmations, and electronic contract signing with qualified electronic signatures. The solution is marketed as quantum-safe, incorporating post-quantum cryptography to protect against future quantum computing threats. It aims to reduce authentication costs by using the ID Wallet for strong customer authentication and payment authorization instead of traditional methods. The product facilitates instant customer acquisition by accepting digital identity credentials from ID Wallets, potentially eliminating traditional identity verification processes. Organizations can integrate the wallet to streamline contract signing workflows and accelerate customer onboarding regardless of geographic location. The Digital ID Wallet is part of Wultra's broader product portfolio focused on authentication and identity management for regulated industries, particularly banking and fintech sectors.