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Post by account_disabled on Mar 10, 2024 9:24:45 GMT
Technological advances (see the development of mobile devices) and countless advantages. At the same time, however, cybercrime has increased: credit card fraud and data theft have not been an exception. This is the main reason why, four years after the introduction of the PSD, the European Commission decided to review the directive and, consequently, to introduce the Payment Service Directive 👨💻 Recommended reading: Interview on cyber attacks, how to protect. Your company from hackers Payment Service Directive 2 e il protocollo UAE Phone Number 3DS 0 padlock inside stars europe PSD2 means Payment Service Directive 2 , and it is a Directive issued by the European Union which came into force on 13 January 2018, but is effectively mandatory starting from 1 January 202 What is PSD2 for? PSD2 is useful for making electronic transactions more secure and combating fraud, in order to make the online payment experience safer for consumers and sellers. Who is PSD2 aimed at? To all payment service providers. What changes with PSD2? There are 3 important changes that arise from the introduction of Payment Service Directive These are: Emphasis on “Strong customer authentication” (SCA) SCA applies to accessing your online account or submitting an electronic payment order, or for any type of action that may pose a risk of fraud or abuse to you in online payments. In the next chapter we will delve further into this new provision. We allow data processing by Third Parties (Third Party Provider - TPP) In addition to SCA.
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