Payments

3 Key Steps for Merchants to Be Ready for Strong Customer Authentication (SCA)

Grégoire Toussaint -- Edgar, Dunn & Company

Presentation

PSD2 represents a drastic overhaul of the original Payment Services Directive. One of its key provisions is Strong Customer Authentication, or SCA for short, which will impact all online retailers doing business in the European Union.

In this presentation, Edgar, Dunn & Company provides key facts on PSD2 and SCA, centered on what SCA is and when it is required. Next, four exemptions which apply to certain types of eCommerce payments are detailed. EMV 3DS, also known as 3D Secure 2.0, is highlighted, as well as areas in which the European Banking Authority has yet to issue final clarifications on SCA rules. The overview concludes with a suggested framework eCommerce companies can use to implement an SCA strategy.

Note that this presentation is also available as a webinar. To view the webinar, click here.

3 Key Steps for Merchants to Be Ready for Strong Customer Authentication

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