What does the new PSD2 legislation provide?

Arianna
Arianna
  • Updated

Starting on 28 December 2020, online payments are even more secure thanks to the new European PSD2 regulation which introduces new authentication rules.

From now on, when you place an order using a credit card payment, your bank may ask you to confirm your identity using 3D Secure authentication.

There are many ways to authenticate online payments and you may be asked to confirm your identity by SMS, email or TouchID.

We recommend that you contact your bank to ensure that they have your correct contact details in case you are asked to use SMS or email for 3D Secure authentication.

If you have any questions, fill out the Contact form or email us at support@oway.com.

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