Post by account_disabled on Feb 22, 2024 2:20:33 GMT -5
The the consequences if you do not comply with the new directive If someone impersonates your customer to make a purchase at your store the payment is accepted and there is no strong authentication set up for this payment method on your site the bank will refund the person whose funds were stolen. data the amounts improperly debited and will require you or your payment service provider to reimburse these amounts. Are there exceptions to strong authentication hand holding a credit card in front of a laptop As with many other regulations there are also some exceptions to strong authentication. These are the following.
Users can for example create their own white lists in online banking with trusted payment recipients and in this way strong New Zealand Mobile Number authentication will not be required from these users. Tip Pay attention to your customers loyalty so you too can benefit from a whitelist along with major merchants. Users who have made a purchase via mobile phone and the card data has been saved on it will be exempt from the SCA. For payments or transactions of less than euros reinforced authentication will not be needed as long as they are not more than times a day or reach euros in hours. Conclusion.
There is no doubt that the new legislation will strengthen electronic commerce for buyers and sellers thus increasing security levels and guaranteeing greater confidence when making online payments. Although it is up to payment service providers to implement strong authentication or SCA as an online merchant you are required to verify that your payment service providers implement and comply with the requirements. Then you must update the legal texts of your online store to inform your customers of everything they must do to make a purchase. White paper questions about the GDPR The most common checkout mistakes that European online stores make over.
Users can for example create their own white lists in online banking with trusted payment recipients and in this way strong New Zealand Mobile Number authentication will not be required from these users. Tip Pay attention to your customers loyalty so you too can benefit from a whitelist along with major merchants. Users who have made a purchase via mobile phone and the card data has been saved on it will be exempt from the SCA. For payments or transactions of less than euros reinforced authentication will not be needed as long as they are not more than times a day or reach euros in hours. Conclusion.
There is no doubt that the new legislation will strengthen electronic commerce for buyers and sellers thus increasing security levels and guaranteeing greater confidence when making online payments. Although it is up to payment service providers to implement strong authentication or SCA as an online merchant you are required to verify that your payment service providers implement and comply with the requirements. Then you must update the legal texts of your online store to inform your customers of everything they must do to make a purchase. White paper questions about the GDPR The most common checkout mistakes that European online stores make over.