How? When? Why? All You Need To Know About 3DS2.0

What Are 3DS2.0, SCA, PSD2?

How PSD2, SCA, 3DS2.0 relate to each other

Key Revamps In 3DS2.0

Secure Authentication

  • billing and shipping address
  • buyer and seller location
  • payment history
  • spending pattern
  • device ID
Two types of authentication with 3DS2.0 protocol

Effortless User Experience

3DS1.0 and 3DS2.0 in terms of user experience

Liability And Special Cases

  • Payments up to 30 euros. But if the system detects a series of small amount payments, it blocks them.
  • Subscriptions. You will be asked to verify your identity upon the first payment only.
  • Deals with trusted merchants. You can whitelist some companies by contacting the bank.
  • Seller-initiated operations. For example, when you add your card to Uber or Lyft.
  • Transactions beyond the EEA. When both parties or one of them is not located in the EEA.

When Is The Deadline?

What If Vendors Are Not Ready?

How To Implement 3DS2.0?

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Softensy specializes in fintech development and enterprise-level apps. Our team helps companies automate business processes by developing software solutions.

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Softensy

Softensy

Softensy specializes in fintech development and enterprise-level apps. Our team helps companies automate business processes by developing software solutions.

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