In Europe PSD2 continues to transform ePayments. Online businesses like yours have
fresh opportunities to innovate and take control of the data that drives business. One
significant area of opportunity is Strong Customer Authentication (SCA) which is set to become a
requirement by the end of 2020.
The new version of 3D Secure, version 2, meets SCA requirements. At the same time it is driving the next generation of card fraud risk management and user experience. Because of this it offers a significant opportunity for online businesses, not only in Europe but around the world.
Worldline’s new SCA Accelerator Suite is designed to speed up compliance while improving your overall performance.
5 reasons why you should act now and implement SCA
1. Reduce the risk of credit card fraud
This will require you to work with issuers and payment service providers.
2. Increase conversion rates
If SCA is implemented successfully, PSD2 can make the payment process smoother.
3. Get ahead of competitors
Just 10 percent of transactions in the European Economic Area (EEA) currently use 3D Secure.
4. Build trust with customers
If you prove to be a trusted party, you can be placed on a whitelist by customers, meaning SCA is not required.
5. Shift liability back to the issuer
Businesses can expect fewer chargebacks and fraudulent payments.