article thumbnail

Ready Or Not, Strong Customer Authentication Is Coming

PYMNTS

Merchants must not only work with their financial institutions (FIs) to enable two-factor authentication (2FA), but also ensure that their relationships with customers remain unscathed, according to Peter Robinson, payments advisor for European retail association EuroCommerce. Their views weren’t taken into account.

article thumbnail

EuroCommerce On Why Merchant, Consumer Awareness Is Critical To SCA

PYMNTS

Peter Robinson, payments advisor for European retail, wholesale and international trade association EuroCommerce , noted that these concerns are putting more pressure on card acquirers — the main party responsible for making sure merchants are ready for and informed about SCA and its incoming authentication and online transaction restrictions.

article thumbnail

Are SCA Delays A Blessing Or A Curse?

PYMNTS

Merchants should familiarize themselves with which recurring payment options are available and the payment pathways through payment service providers (PSPs), acquirers, financial institutions and settlement. He says more than one-third of merchants’ online payments could fail due to lack of compliance.