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Voice of the Industry
Delegated authentication: Boost your conversion rates while complying with PSD2 SCA Thursday 29 April 2021 08:38 CET | Editor: Alex Guzu | Voice of the industry
Kurt Schmid and
Suzana Kordumova Nikolova from
Netcetera make the case for delegated authentication as a means to mitigate the hurdles of PSD2 SCA compliance
The application of PSD2 SCA standards across the EU in 2021 brought some growing pains with it for issuers, acquirers, merchants, and customers, notably added friction in the payment process. However, delegated authentication is making leaps and bounds as an alternative to traditional long-winded authentication processes. Growing trust between merchants and issuers means that there is a shift in previously rigid authentication processes, leading to faster checkout and less friction for customers. We take a look at what this could look like in the near future, with insight from Netcetera’s Kurt Schmid and Suzana Kordumova Nikolova.
AustriaAustrianSuzana-kordumova-nikolovaNexperts-gmbKurt-schmidNetcetera-kurt-schmidMastercardPayment-service-directiveDigital-payment-division-of-netceteraVisaSuzana-kordumovaStrong-customer-authentication