Authorization Payments Advisors Regulations 
PYMNTS
AUGUST 9, 2019
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. Good News and Bad News.
Segpay
FEBRUARY 28, 2024
per transaction, these fees originate from payment networks but disproportionately benefit processors. Costs for authorizations, captures, batch settlement entries, decline fees, and other lifecycle events nickel and dime merchants. Always verify total processing costs for each card brand at projected volumes.
PYMNTS
AUGUST 9, 2019
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.
PYMNTS
OCTOBER 21, 2019
This week, the European Banking Authority (EBA) extended the deadline for Strong Customer Authentication (SCA) to Dec. Merchants that do not provide their PSPs with necessary information regarding subscription accounts, or those whose PSPs are unprepared for the regulations, may still see payments ensnared in the SCA net.
PYMNTS
OCTOBER 16, 2017
“I think they are going to dominate the market and that is the next phase that’s coming,” Mills said, “But the question is, in what form would that come, and … under what regulatory authority?”. But, amid this shakeup, there are uncertainties — including how regulators will respond, Mills added. “I
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