In my previous blog, I outlined the basic requirements of the new obligation, brought in under PSD2 (the second Payment Services Directive), for all payment service providers to apply strong customer authentication (SCA) in certain circumstances. In a “card present” scenario, the convenience of contactless at point-of-sale would remain for low-value transactions (less than €50 and the UK limit is £30). The Financial Conduct Authority (FCA) in the UK has published a series of updates on COVID-19 over recent days and weeks. Issuers may choose not to apply SCA to contactless point of sale transactions where the following conditions are met: Strong Customer Authentication (SCA) will become mandatory under the new European Payment Service Directive (PSD2) in March 2021. Strong customer authentication (SCA) is a requirement of the EU Revised Directive on Payment Services (PSD2) on payment service providers within the European Economic Area.The requirement ensures that electronic payments are performed with multi-factor authentication, to increase the security of electronic payments. Contactless Payments and SCA (Strong Customer Authentication) For many people the introduction of SCA in September 2019 was only noticed when contactless transactions would start to mysteriously be declined, prompting the customer instead to make a chip and pin payment. Biometric authentication: putting an end to contactless fraud. On 31 March 2020, the FCA updated its guidance to firms on Strong Customer Authentication (SCA) in light of the possible disruption to the implementation of SCA and the high risk of fraud during the COVID-19 crisis. However, following the announcement from the European Banking Authority (EBA), which set out that more time was needed to implement SCA, the Financial Conduct Authority (FCA) has agreed an extended phased roll-out plan to move the UK to full compliance, with an updated deadline of 14 September 2021. One such exemption is the contactless exemption at Article 11. Chip and PIN will also remain as the common practice in the European Economic Area when customers are present for values above €30. Once introduced, Merchants need to be able to accept a two-factor authentication process at checkout to remain compliant. ... meaning the customer’s details never leave the card. Strong Customer Authentication Risk of unexpected declines of contactless bank cards after 14th September 14 th of September is the deadline for the implementation of Strong Customer Authentication (SCA) for debit and credit card transactions. It is being introduced to help prevent fraud across online and remote card payments. ... not even passcodes are strong enough for consumers. The original deadline for implementing Strong Customer Authentication (SCA) was 14 September 2019. It includes exemptions to the application of Strong Customer Authentication (as defined in the Payment Services Regulations 2017 (PSRs)). Strong Customer Authentication exemptions

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