Paysafe: The Growth of Biometric Authentication Under SCA

The first day of 2021 was potentially the most significant of the year for the payments industry. That’s because, after several delays, the deadline for Strong Customer Authentication (SCA) enforcement under the EU’s second Payment Services Directive (PSD2) has now passed. This regulation mandates that issuers no longer take a risk-based approach to card-not-present transactions; payments that do not satisfy the criteria laid out by the directive will be blanketly declined.
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