Token.io signs Bitkom MoU to support rollout of the European Digital Identity Wallet in Germany

# What happened Token.io has signed Bitkom's Memorandum of Understanding (MoU) with the German Federal Ministry for Digital and State Modernisation (BMDS) and over 120 other organisations to support the introduction of the European Digital Identity Wallet (EUDI Wallet) in Germany.

# Why it matters The EUDI Wallet is a requirement under eIDAS 2.0: EU member states must make at least one compliant wallet available to citizens, residents, and businesses by the end of 2026. The Bitkom MoU is a coordinated industry-government effort to make the wallet usable across services and widely adopted.

Token.io frames the wallet as complementary to payment flows. Verified credentials issued to a user in the EUDI Wallet can be used to streamline account onboarding and to improve checkout experiences when combined with Pay by Bank services. For a company focused on account-to-account payment rails, this connection points to a commercial and technical use case beyond identity alone.

# Token.io's recent activity in Europe Token.io has taken multiple steps to influence how payments and identity integrate in Europe:

• In 2025 Token.io became the first third-party provider (TPP) admitted to the giroAPI scheme, Germany's framework for next-generation account-to-account payments.
• The company co-led the launch of the ETPPA German chapter to organise TPPs operating in Germany.
• Gideon Fourie, Token Europe managing director, was appointed to the Berlin Group openFinance Advisory Board, which guides Open Finance standards across the continent.
• Token.io is a co-founder of the UK Payments Initiative, a new UK payment scheme.

These moves position Token.io to contribute to standards, scheme design, and practical integrations between identity and payments.

# What Token.io says about the EUDI Wallet Token.io describes the MoU as an opportunity to engage with businesses and public bodies to make the EUDI Wallet practical, useful, and interoperable. The company highlights the intersection of verified credentials and Pay by Bank as a place where identity and payment flows can reduce friction for consumers and businesses.

# Immediate implications for German market participants Service providers, banks, and merchants should expect coordinated industry engagement in Germany to make EUDI Wallet capabilities usable across sectors. For payment firms and TPPs, the MoU and Token.io's involvement signal active work on technical interoperability and potential product integrations that combine identity attestations with account-based payments.

# What to watch next

• How participating providers map EUDI Wallet credential types into existing onboarding and payment flows.
• Implementation choices in the giroAPI ecosystem and whether EUDI Wallet attestations become accepted proof of identity for TPP onboarding.

# Bottom line Token.io's signing of the Bitkom MoU places a payments-focused infrastructure provider among the organisations shaping how the EUDI Wallet will be adopted in Germany. The company is positioning verified wallet credentials as a way to reduce friction in Pay by Bank and Open Finance scenarios while continuing to push for standards and schemes that enable those integrations.