Payments

PSD2: What Merchants Need to Know

Triona Smith -- Visa Inc.; Imri Meir, Omri Dubovi, and Noam Grinberg -- SafeCharge, a Nuvei company

Presentation

All online retailers who do business in Europe must be prepared for the forthcoming Payment Services Directive, a sweeping set of regulations designed to create a safer and more integrated market for consumers. One of the key provisions of PSD2 is Strong Customer Authentication, or SCA, which will be required for the majority of online payments.

In this presentation, SafeCharge and Visa define SCA and its principles, then provide a timeline depicting deadlines for issuers, acquirers, and merchants. Exemptions to PSD2 are covered next, followed by recommendations to help preserve conversion rates. Six suggested actions and five opportunities close out the deck.

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

PSD2: What Merchants Need to Know

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