One could imagine such a wallet also containing a digital euro in the future. With a digital euro, future digital payments in the euro area could be carried out independently of non-European payment infrastructures. This would reduce risks and dependencies in payment transactions, which would also be beneficial to financial stability.
Furthermore, users’ payment data are increasingly recognised as a valuable good, as some private payment service providers in online trading use them to analyse purchasing behaviour and customer characteristics. If data can be referred to as a commodity of the digital age, this is certainly also true of payment data.