Businesses work with Judopay to optimise their payment flows and increase acceptance rates, to drive more revenue.
As consumers continue to buy more goods and services online, there's been a growing need for an additional layer of security that protects both the consumer and merchant from falling victim to fraud. This additional security layer is added to most online payment flows.
The Regulation
The Payment Service Directive is a European regulation designed to make online payments more secure, improve customer rights and enable third-party access to account information.
The Requirement
Strong Customer Authentication is a requirement of PSD2, designed 'to make online payments more secure'. It asks businesses to use 2 authentication elements to verify online payments.
The Solution
3D Secure 2 is an authentication protocol for SCA. It adds an additional layer of security during online transactions to help ensure that the cardholder and the person making the purchase, match.
Drive revenue, reduce costs and power your growth through a single platform. Use Judopay to improve acceptance rates, launch new payment methods and deliver stand-out customer experiences.
1. Customer initiates payment.
The customer starts the transaction on a website or via an app.
2. Authentication check.
If the issuer is satisfied that the cardholder is the person making the purchase they'll authenticate the payment . If not, they'll ask the cardholder for some extra input.
3. Payment completed.
Once the issuer is satisfied, they'll authorise the payment.
Drive revenue, reduce costs and power your growth through a single platform. Use Judopay to improve acceptance rates, launch new payment methods and deliver stand-out customer experiences.
Fast, secure and reliable online payments. Accept a variety of payment methods at the checkout.
