3DS2 is more than just an update of an old standard. It is designed with the intent to create a frictionless payment experience for cardholders. It will do this by facilitating a richer cardholder data exchange, allowing risk-based authentication by issuers for low risk transactions, instead of authentication challenges to the cardholder, such that most authentication activity will be invisible to the cardholder.
- What is 3D Secure?
- What's new in 3D Secure 2?
- 3D Secure 2 Features
- Impact on e-Commerce
- Key Benefits of 3D Secure 2
- GPayments Support for 3D Secure 2
This paper identifies the top trending authentication methods predicted to affect the payment industry's dynamic of combating fraud during card-not-present transactions.
The new EMV® 3D Secure protocol, or 3D Secure 2 (3DS2), released by EMVCo is designed to address a number of key aspects of the previous protocol and cement the technology’s reputation as one of the most resilient solutions in the fight against card-not-present (CNP) online fraud.
Online payment trends keep evolving as customers continue to favour more user-friendly solutions and solution-makers compete for market share by constantly trying to re-invent the next big thing, to fulfil that need.