SE4 EP29: EU Online Retailers, Prepare Your Checkout for Two-factor Authentication
Download MP3Today’s episode is a must-listen for EU eCommerce businesses.
I speak with Mastercard's Executive Vice President of Services in Europe, Milan Gauder, about Strong customer authentication (SCA) for electronic payments which will be coming into effect in September 2019.
SCA is an anti-fraud measure that will affect all orders over £30 by layering in a mandatory "two-factor authentication", which will require financial institution confirmation with a password or mobile phone fingerprint authenticatio
If you own or work in an eCommerce business in the EU, today’s episode is a must-listen. I speak with Mastercard's Executive Vice President of Services in Europe, Milan Gauder, about SCA - Strong customer authentication (SCA) for electronic payments which will be coming into effect in September 2019.
SCA is an anti-fraud measure that will affect all orders over £30 by layering in a mandatory "two-factor authentication", which will require financial institution confirmation with a password or mobile phone fingerprint authentication.
The aim is to make online transactions more secure, on a par with the chip-and-PIN system required in shops.
You don’t want to miss this one!
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