Wallet Provider
A Wallet Provider is the natural or legal person that supplies a Wallet Solution to users under Article 5a of eIDAS 2.0 (Regulation (EU) No 910/2014): the party responsible for the software, the security guarantees, and the compliance obligations behind the wallet a user actually holds.
Being a Wallet Provider is a regulated role, not just a technical one: it carries obligations around certification, security incident reporting, and conformity with the technical specifications set out in the ARF. A single Wallet Provider can supply many Wallet Units to many Wallet Users, and member states may run their own wallets or recognise wallets from certified private-sector providers, which is the market Credenco operates in as a Wallet Provider for the Business Wallet.
Related terms
Who can become a Wallet Provider?
Any natural or legal person can apply, but a Wallet Provider must meet the certification, security, and conformity requirements eIDAS 2.0 and the ARF set out before it can supply a Wallet Solution that member states and relying parties will trust. Member states may also run their own wallets directly rather than certifying private providers.