There's a storm looming on the horizon - the last two pillars of the European Union's revised Payment Services Directive (PSD2) take effect on September 14, 2019, bringing new compliance requirements that will wreak havoc on eCommerce and online payments! You may have come across such doomsday scenarios often in the last few months, but what do they mean, exactly - and should you be worried?
These are just some of the questions we'll try to answer in this webinar hosted by 2Checkout's Payments Compliance Director Stefan Verbaarschott and Product Team Manager Oana Trif. Even though the first pillar of PSD2 came into force in January 2018, most eCommerce businesses only became aware of the Directive recently, as it requires compliance with Strong Customer Authentication (SCA - the second pillar) starting this autumn. During the webcast, we'll go over:
- What PSD2 does and what its requirements for SCA and open banking are;
- How Strong Customer Authentication compliance impacts merchants and their commerce partners:
- What SCA means for online payments, fraud prevention, authorization rates and conversions;
- What compliance issues merchants may have depending on the commerce providers they work with - whether they are Payment Service Providers (PSPs), resellers, payment facilitators or others;
- What merchants need to ask their commerce providers about PSD2 compliance, and more.
- 2Checkout's implementation of PSD2 requirements.
If you own or work for an eCommerce company that does business in European markets, sign up for this webinar now and send us your questions about PSD2 and SCA through the registration form! We look forward to helping you navigate the new payments security requirements so that you can offer the best commerce experience to your customers.
