Last year, we wrote a blog post covering the new requirements for Strong Customer Authentication (SCA). This post can be found here.
Initially, the deadline for compliance was September 2019 but given the difficulties this caused, many central banks had agreed to an extension to allow providers extra time. The updated deadline in Europe is now December 31st 2020.
What is SCA?
Strong Customer Authentication is a system to increase security standards for online payments and reduce fraud. If you’ve ever made an online payment, you may have had to verify this payment via a verification code or other method. SCA2 is an enhanced version which also covers subscription payments. The central bank in Ireland issued its guidance for these payments here – https://www.centralbank.ie/regulation/psd2-overview
What do I need to do?
As a website owner, you will need to ensure that the payment systems in place on your site are fully up to date.
If you own a WordPress site and take payments, you’ll most likely use Stripe or Paypal for accepting payments. The responsibility to make sure the systems are up to date lies with these payment providers. Generally, they will release an update for the payment plugin in use on the website and if you are a maintenance customer of ours, we will ensure these updates are applied during maintenance time. This is as much control that we, as a website service provider have in this case.
WooCommerce have released some guidance on this topic also – https://woocommerce.com/posts/introducing-strong-customer-authentication-sca/
At 2Cubed Web Design & Development, we are on hand to assist you. We also offer a number of services to help you grow your online presence. Check out our list of services – https://2cubed.ie/services/
Contact us today for more information on the services we provide – Contact Us
