PSD2 and 3DSecure

This is the new Payment Services Directive, which allows for a move towards greater security, openness and competitiveness on a European scale for online purchases.

In particular, it specifies the implementation of SCA (Strong Customer Authentication), and adds an additional level of security for any purchase on the Internet. More information is now required and the 3DSecure 2 authentication tool becomes systematic.

Customers' banks now offer their customers the option of choosing two of several personal factors to validate their identity at checkout. And the choice of different combinations continues to grow in order to provide better experiences for customers.

Applied throughout the European Union since December 31, 2020, the PSD2 is a European directive that aims to protect the cardholder by fighting against card fraud. Easytransac, through its financial partners, applies an up-to-date 3DSv2 authentication.

There are some exemptions ! If the SCA is mandatory, there are however several cases of use that may be subject to an exemption request from your buyer, depending on the transaction.

Transactions for an amount less than 30 euros

Low-risk transactions (risk level assessed based on the average fraud rate at the card issuer and the acquirer processing the transaction)

Subscriptions and recurring transactions, provided the amount is constant. Only the initial transaction requires an SCA procedure. If the amount is changed, authentication via 3DSecure will be required at each change

Inter-regional transactions: payments from buyers outside Europe will not be a problem

Business card payments.