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A guide to Strong Customer Authentication (SCA) under PSD2

Wednesday, April 10, 2019   (0 Comments)
Posted by: Heather Miller

The new EU Payments Services Directive (PSD2) took effect in January 2018, bringing in new laws aimed at enhancing consumer rights and reducing online fraud. A key element of PSD2 is the introduction of additional security authentications for online transactions over €30, known as strong customer authentication (SCA). It means customers will no longer be able to checkout online using just their credit or debit card details, they will also need to provide an additional form of identification.

Members, click here to read an overview, written by Barclaycard, of the new SCA regulations so you are prepared for the upcoming SCA deadline of 14 September 2019

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