Trans-European automated real-time gross settlement express transfer and Transaction risk analysis: Difference between pages
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( | ''Payments - PSD2 - Strong customer authentication (SCA) exemptions''. | ||
(TRA). | |||
Transaction risk analysis is an exemption to the requirement for Strong Customer Authentication under PSD2. | |||
Under the TRA exemption, a transaction can be flagged as a low-risk-transaction if: | |||
* the fraud rate of the related payment service provider (PSP) is below a certain threshold, and | |||
* a real time analysis has not revealed any risk. | |||
If the issuer agrees, the individual card-based payment or credit transfer can be exempted from Strong Customer Authentication. | |||
== See also == | == See also == | ||
* [[ | * [[3D Secure]] | ||
* [[ | * [[Credit transfer]] | ||
* [[ | * [[Issuer]] | ||
* [[ | * [[Payment service provider]] | ||
* [[ | * [[PSD2]] | ||
* [[Regulatory Technical Standard]] | |||
* [[Strong Customer Authentication]] | |||
* [[Transaction]] | |||
* [[Transactional]] | |||
* [[Two-factor authentication]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Cash_management]] | [[Category:Cash_management]] | ||
[[Category:Financial_products_and_markets]] |
Revision as of 11:27, 14 July 2022
Payments - PSD2 - Strong customer authentication (SCA) exemptions.
(TRA).
Transaction risk analysis is an exemption to the requirement for Strong Customer Authentication under PSD2.
Under the TRA exemption, a transaction can be flagged as a low-risk-transaction if:
- the fraud rate of the related payment service provider (PSP) is below a certain threshold, and
- a real time analysis has not revealed any risk.
If the issuer agrees, the individual card-based payment or credit transfer can be exempted from Strong Customer Authentication.