Balancing Security and Convenience in E-commerce Transactions
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INFORM and Netcetera are bringing merchants, acquirers, and card issuers up to speed with the latest developments in the payment ecosystem.
The new deadline for compliance regarding the second iteration of the Payment Service Directive (PSD2) is quickly approaching. Unfortunately, implementing the associated regulations relating to Strong Customer Authentication (SCA) for e-commerce payments has proven more challenging than for POS transactions.
Using the new 3-D Secure protocol developed by the card schemes and EMVCo, merchants can meet the new, more rigorous technical standards. However, SCA is often associated with transactional friction, as the two-factor authentication process can prove frustrating for online shoppers, which often leads to abandoned shopping carts.
Combining RiskShield by INFORM with Netcetera’s 3-D Secure products has proven to be a winning recipe to solve the issues in this field.
Watch our free recording where experts from both companies show how they faced the challenge of balancing security and convenience in e-commerce together. Simply fill out the form below: