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EMVCo Releases EMV Secure Remote Commerce Specifications Draft

PYMNTS

To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued a draft version of the specification called version 0.9. The news comes a few months after EMVCo announced the launch of the full EMV 3-D Secure (EMV 3DS) test platform in August.

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EMV Chip Cards: What You Need to Know About PIN or Signature Cards and How They Work

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EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. What Types of EMV Chip Cards Are There?

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Payment Security: Aligning To A Broader “Digital Business Transformation” Agenda

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No incessant authentication requests … all without sacrificing their security. Enter intelligent Payment Security. These intelligent solutions not only let you build a secure e-commerce strategy centered on customer value, but also a broader digital business transformation plan focused on competitive advantage.

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The Credit Card Chargeback Process Explained: What Merchants Need to Know

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Chargeback Process When a cardholder disputes a credit card payment, the chargeback process is set in motion. The cardholder contacts their credit card issuer, providing details of the disputed transaction and the reason for the dispute. Credit card issuers must comply with the FCBA guidelines when processing chargebacks.

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Credit Card Processing for Small Business: 9 Tips for Accepting Payments Securely and Cost-Effectively

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Find Affordable Terminals and Avoid Leases Credit cards and EMV terminals are cheaper than you think. Use Address Verification Services (AVS) AVS is a fraud prevention measure for online and card-not-present transactions. The service can determine if the addresses are a perfect match, partial match, or not a match at all.

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What is 3D Secure Authentication and How Does It Work

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Merchants benefit from reduced chargebacks, added security for customers, and adopting standards that meet the SCA regulations that allow them to transact worldwide. Learn More What is 3D Secure (Secure 2.0) 3D Secure Authentication is known by a few names. authentication or 3D Secure. Authentication?

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Secure Payments, Generation 2.0

PYMNTS

Enter 3-D Secure 2.0. Late last month, EMVCo published the EMV 3-DS 2.0 Specification, a messaging protocol that allows consumers to be authenticated to card issuers during card-not-present transactions. A revamp, a redo, a new and improved model — from technology to your latest spouse.