Worldline, a payment and transactional services provider, has revealed its acquiring and e-commerce platform are backed by 3D Secure 2 technology, ahead of impending PSD2 SCA deadline.
September 14 is the deadline for card issuers and merchants to get their systems ready for PSD2 strong customer authentication (SCA).
The regulation requires a merchant in the EU to implement two-tier authentication systems for their online transactions. This means consumers will need to input a combination of verification types. There are three possible options for merchants to utilise: knowledge-based verification such as a password or a PIN, an item in possession like a credit or debit card, and finally biometrics which is most commonly a fingerprint.
Worldline has become the first PSP and acquirer in Europe to deploy 3DS2 technology into its acquiring and e-commerce platform. This solution will simplify card payments for online stores, by utilising new authentication capabilities such as deeper data and biometrics.
The 3DS2 technology analyses contextual data of merchants and asks customers to verify their identity when completing an online transaction. When it is a low-risk transaction, authorisation can be completed without additional cardholder interaction.
Worldline managing director merchant services Vincent Roland said, “I am excited that the first customers of Worldline are already using our 3D-Secure 2.0 service and have performed their initial live transactions with Mastercard.
“We are the first payment provider in Europe to offer the latest levels of secure payments. Worldline is indeed ahead and this anticipation allows us to guarantee our customers optimal online transactions when 3D-Secure 2.0 is going to be mandatory by September this year.”
Earlier in the month, travel company Amadeus revealed it is leveraging CyberSource’s 3DS2 technology to meet SCA compliance.
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