AUTHADA develops new eID market

23/04/20

Customers of the telecommunications group Vodafone can now activate prepaid free cards by digitally identifying themselves with the eID service of AUTHADA. Within a few seconds, users are able to digitally identify themselves via app, with NFC-capable smartphone and their electronic identity card or residence permit. Further application possibilities for the eID service will follow soon. AUTHADA GmbH is a portfolio company of Frankfurt-based FinLab AG (ISIN: DE0001218063; Ticker: A7A.GR).

AUTHADA's eID service is provided via the Global Trust Technology Platform GTTP of WebID. With this integration, Vodafone customers now have access to AUTHADA's eID service for identification. Customers who identify themselves with AUTHADA's digital solution are automatically directed to the app and are guided through the identification process step by step. WebID has already been carrying out the identity check for SIM card activation for Germany's largest mobile phone provider since 2017.

Therefore, Vodafone is the first telecommunications provider in Germany to rely on AUTHADA's digital identification solution in the onboarding process of (new) customers. "I am pleased that AUTHADA has now taken the important strategic step of developing another market besides the financial sector. A new market opening is a groundbreaking development confirming that the digital identification solutions of AUTHADA are solutions of the future," explains Andreas Plies, CEO and co-founder of AUTHADA GmbH. This year further market developments and thus a further expansion of the eID service of AUTHADA is planned.

Vodafone customers now have the eID service added to their range of services: In addition to the existing identification options, prepaid free card owners now also have the convenience of a fully digital service - with the AUTHADA app, the smartphone becomes a reader of the electronic identity card. Users who utilize this digital solution via app only need the following items:

* NFC-enabled smartphone

* Installed AUTHADA App

* Electronic identity card or residence permit with activated online identification function

* The PIN of your ID card

Digital identification with the AUTHADA app takes only a few seconds and can be done from anywhere at any time. The eID service of AUTHADA is available to its users seven days a week, twenty-four hours a day.

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