Transaction risk analysis: Difference between revisions
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imported>Doug Williamson (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) |
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Revision as of 09:26, 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 card issuer agrees, the individual transaction can be exempted from Strong Customer Authentication.
