Transaction risk analysis
Payments - PSD2 - Strong customer authentication (SCA) exemptions.
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.