Difference between revisions of "Transaction risk analysis"

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(Create page. Sources: The Treasurer online June 2019 and EPSM webpage https://www.epsm.eu/wp-content/uploads/2019/07/2019-07-10-EPSM-%E2%80%93-Overview-on-SCA-for-Further-Discussion-v1.0-1.pdf?iframe=true)
 
(Update final sentence.)
 
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If the card issuer agrees, the individual transaction can be exempted from Strong Customer Authentication.
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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]]
 
* [[3D Secure]]
 +
* [[Credit transfer]]
 
* [[Issuer]]
 
* [[Issuer]]
 
* [[Payment service provider]]
 
* [[Payment service provider]]

Latest revision as of 09:45, 22 July 2019

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