Transaction risk analysis

From ACT Wiki
Revision as of 09:26, 22 July 2019 by Doug Williamson (Talk | contribs) (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)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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.


See also