Published by Global Banking & Finance Review®
Posted on September 26, 2025
1 min readLast updated: January 21, 2026
Poste Italiane plans a digital identity fee, potentially boosting profits by €100M. This marks a shift from free services, aligning with industry trends.
MILAN (Reuters) -Poste Italiane is considering introducing an annual management fee for users of its digital identity service, analysts wrote in their daily reports on Friday following a briefing with the company's management.
With around 20 million active digital identity accounts, the move could generate up to 100 million euros ($116.75 million) in additional operating profit for the state-backed financial conglomerate, Intermonte and Akros analysts wrote in their report.
Poste declined to comment.
WHY IT'S IMPORTANT
The fee would mark a shift for Poste, which has so far offered these services free of charge. The change comes as other providers have begun charging for digital identity services.
CONTEXT
Sistema Pubblico di Identità Digitale (SPID) is Italy's public digital identity system, used for accessing a wide range of government and private services online. Poste is the largest SPID provider in the country.
($1 = 0.8565 euros)
(Reporting by Elvira Pollina. Editing by Jane Merriman)
Digital identity refers to the online representation of an individual or organization, which can include personal information, credentials, and online behaviors used for verification and access to services.
A management fee is a charge assessed by a service provider for managing an account or service, often expressed as a percentage of the total assets or a flat annual fee.
Poste Italiane is Italy's largest postal and financial services company, providing a range of services including banking, insurance, and logistics.
Operating profit is the income generated from a company's core business operations, excluding deductions of interest and taxes.
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