{"id":1826,"date":"2024-03-19T13:53:53","date_gmt":"2024-03-19T03:53:53","guid":{"rendered":"https:\/\/blog.gpayments.com\/?p=1826"},"modified":"2024-05-09T16:40:06","modified_gmt":"2024-05-09T06:40:06","slug":"the-3d-secure-2-bandwagon-time-to-hop-on","status":"publish","type":"post","link":"https:\/\/www.gpayments.com\/blog\/article\/the-3d-secure-2-bandwagon-time-to-hop-on\/","title":{"rendered":"The 3D Secure 2 Bandwagon &#8211; Time to Hop On"},"content":{"rendered":"<section  class='av_textblock_section av-6akrdu-4222eb50bf6e3c7aee501edb34f56b05 '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h1 style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1832 aligncenter\" src=\"https:\/\/blog.gpayments.com\/wp-content\/uploads\/2024\/03\/The-3D-Secure-2-Bandwagon-1-300x157.png\" alt=\"\" width=\"1154\" height=\"604\" srcset=\"https:\/\/www.gpayments.com\/blog\/wp-content\/uploads\/2024\/03\/The-3D-Secure-2-Bandwagon-1-300x157.png 300w, https:\/\/www.gpayments.com\/blog\/wp-content\/uploads\/2024\/03\/The-3D-Secure-2-Bandwagon-1-1030x538.png 1030w, https:\/\/www.gpayments.com\/blog\/wp-content\/uploads\/2024\/03\/The-3D-Secure-2-Bandwagon-1-768x401.png 768w, https:\/\/www.gpayments.com\/blog\/wp-content\/uploads\/2024\/03\/The-3D-Secure-2-Bandwagon-1-1536x803.png 1536w, https:\/\/www.gpayments.com\/blog\/wp-content\/uploads\/2024\/03\/The-3D-Secure-2-Bandwagon-1-2048x1070.png 2048w, https:\/\/www.gpayments.com\/blog\/wp-content\/uploads\/2024\/03\/The-3D-Secure-2-Bandwagon-1-1500x784.png 1500w, https:\/\/www.gpayments.com\/blog\/wp-content\/uploads\/2024\/03\/The-3D-Secure-2-Bandwagon-1-705x369.png 705w\" sizes=\"auto, (max-width: 1154px) 100vw, 1154px\" \/><\/h1>\n<h1 style=\"text-align: left;\">The 3D Secure 2 Bandwagon &#8211; Time to Hop On<\/h1>\n<p style=\"text-align: left;\">Hey all you Merchants and PSPs out there!<\/p>\n<p style=\"text-align: left;\">We know time is money in your world, so let&#8217;s cut to the chase \u2013 we need to talk about <a href=\"https:\/\/blog.gpayments.com\/article\/enhancing-security-and-convenience-exploring-the-benefits-of-3ds2\/\">3D Secure<\/a> and why version 2 is a total game-changer for your business.<\/p>\n<p style=\"text-align: left;\">Remember 3D Secure 1? Yeah, it wasn&#8217;t everyone&#8217;s cup of tea. The extra hoops customers had to jump through often led to more <a href=\"https:\/\/blog.gpayments.com\/article\/3ds2-fraud-prevention-solutions-for-ecommerce\/\">cart abandonment than successful transactions<\/a>. Totally get why you might have given it a pass.<\/p>\n<p style=\"text-align: left;\">Now, let us introduce you to 3D Secure 2 \u2013 a whole new ballgame. It&#8217;s like the superhero version of its predecessor, addressing the flaws and adding a bunch of features that will make your life easier and your customers happier.<\/p>\n<h2 style=\"text-align: left;\"><b>Why You Should Jump on the 3D Secure 2 Bandwagon<\/b><\/h2>\n<p style=\"text-align: left;\"><b>3D Secure 2 is here to stay and not <\/b><b>utilising<\/b><b> its multifaceted benefits for your business can cause you to fall behind in the competitive market of ecommerce.<\/b><\/p>\n<p style=\"text-align: left;\">Let\u2019s look at some of its benefits:<\/p>\n<h3 style=\"text-align: left;\">1. <b>Friction Be Gone<\/b><\/h3>\n<p style=\"text-align: left;\">Unlike the clunky 3D Secure 1, version 2 is all about a smooth ride. With support for a variety of payment devices and a particular focus on mobile payments, it ensures your customers experience a smooth checkout flow with an <i>extra layer of security<\/i>.<\/p>\n<h3 style=\"text-align: left;\">2. It&#8217;s Like a <b>Security Upgrade for Your Business<\/b><\/h3>\n<p style=\"text-align: left;\">Remember those pesky fraud attempts? 3D Secure 2 collects a treasure trove of customer data during the payment process. This means you get to <i>know your customers better<\/i>, and fraudsters? They don&#8217;t stand a chance!<\/p>\n<h3 style=\"text-align: left;\">3. <b>Say Hello to Flexibility<\/b><\/h3>\n<p style=\"text-align: left;\">No one likes unnecessary hurdles. 3D Secure 2 introduced <a href=\"https:\/\/blog.gpayments.com\/article\/moto-payments-the-essential-guide-for-fraud-and-risk-teams\/\"><i>risk-based authentication<\/i><\/a>, which means it adapts its security measures based on the level of risk. Low-risk transactions sail through seamlessly (and without friction\/challenges), reducing those dreaded interruptions.<\/p>\n<h3 style=\"text-align: left;\">4. <b>Fortify Your <\/b><b>Defences<\/b><b> with 3D Secure 2<\/b><\/h3>\n<p style=\"text-align: left;\">Version 2 takes it up a notch by <i>strengthening communication channels<\/i>. Think of it as your business getting a security guard that&#8217;s even more vigilant and talks to everyone in the neighborhood to keep things safe.<\/p>\n<h3 style=\"text-align: left;\">5. <b>Biometrics + Tokenization + Device Recognition \u2013 It&#8217;s the Future <\/b><\/h3>\n<p style=\"text-align: left;\">With 3D Secure 2, you&#8217;re venturing into the future of <a href=\"https:\/\/blog.gpayments.com\/article\/frictionless-authentication-what-it-is-how-it-works\/\">authentication<\/a>. <i>Biometric<\/i> authentication (like fingerprints and facial recognition) adds a layer of advanced security. <a href=\"https:\/\/blog.gpayments.com\/article\/tokenisation-in-the-payments-industry-providing-security-compliance-and-convenience\/\">Tokenization<\/a> protects card details by substituting them with a unique token. Plus, <a href=\"https:\/\/blog.gpayments.com\/article\/evolving-security-an-overview-of-3d-secure-2-3-enhancements\/\"><i>improved device recognition technology<\/i><\/a> makes sure you&#8217;re dealing with the good guys.<\/p>\n<p style=\"text-align: left;\">So, we get why 3D Secure 1 might not have been your thing, but 3D Secure 2 is a different beast altogether. It&#8217;s not just about security; it&#8217;s about making your life easier and your customers happier.<\/p>\n<p style=\"text-align: left;\">Let&#8217;s chat more about how we can level up your online transactions and keep the bad actors at bay.<\/p>\n<p style=\"text-align: left;\">Cheers to secure and seamless transactions.<\/p>\n<\/div><\/section>\n","protected":false},"excerpt":{"rendered":"<p>Embrace 3D Secure 2 to enhance transaction security and improve user experiences in the evolving digital payment landscape. Jump on the bandwagon now to stay competitive and ensure customer satisfaction.<\/p>\n","protected":false},"author":13,"featured_media":1832,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[8,13,103,104,16,106,105],"class_list":["post-1826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","tag-3d-secure-2-0","tag-3ds2","tag-biometric-authentication","tag-device-recognition","tag-online-fraud-prevention","tag-risk-based-authentication","tag-tokenization"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/posts\/1826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/comments?post=1826"}],"version-history":[{"count":13,"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/posts\/1826\/revisions"}],"predecessor-version":[{"id":1857,"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/posts\/1826\/revisions\/1857"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/media\/1832"}],"wp:attachment":[{"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/media?parent=1826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/categories?post=1826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gpayments.com\/blog\/wp-json\/wp\/v2\/tags?post=1826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}