Payment Services Directive 2 (PSD2) is a major upgrade to European payments regulation, and it is bringing big changes to the way payments work across Europe. One of the biggest changes is coming in September 2019, with the introduction of mandatory Strong Customer Authentication (SCA) for electronic transactions across Europe. This change will bring some great benefits, especially in helping to reduce fraud – but it also has the potential to increase friction in the shopper journey.
In addition, if merchants and the partners who support them are not ready for SCA they risk a material increase in declines after the September deadline.
This session covers:
- An introduction to PSD2 SCA
- What merchants, PSPs, and other partners need to do to comply with SCA and keep payments flowing seamlessly
- What options are available to avoid performing SCA on some European transactions
This webinar is sponsored by Worldpay