ChatGPT has massively shacked the tech industry over the last few weeks and during the last few days, we had the amazing idea to try to challenge it with the topics that we handle on daily basis and we have been working over the last decade in payments. This is part 1 of our “challenge”, […]
Merchants are facing many challenges in 2020, which are stretching the mind in different directions. Many e-commerce merchants are overwhelmed with the current situation and many topics, such as payment optimization, PSD2, SCA, and fraud management, link to one another. The COVID-19 situation has hit many e-commerce merchants hard without any preparations. Today, in the […]
During the last years, many major retailers are offering in-store pickup and curbside pickup options for customers who shop online. This becomes even more important during the current COVID-19 pandemic to avoid shopping crowds and to offer higher safety and hygiene for the upcoming Black Friday week and Christmas shopping. Another big topic is fraud […]
There are several components playing a fundamental role in achieving successful results for businesses that want to sell online. Obviously having attractive and valuable products or services, a good marketing campaign, and efficient processes are key elements for any business. But at the end of the day, the main goal for any online business is […]
EBA recently provided a clarification on the usage of tokenized card data as possession element for SCA. While physical card details are not considered as a valid element, EBA recently clarifies that tokenized card data may constitute a valid possession element for Strong Customer Authentication. Tokenization is the process of protecting sensitive data (Card Data) by replacing […]
There has been a lot of talks and discussions around PSD2 during the last years and a lot of attention has been paid to what are the best ways to minimize SCA friction, the number of challenges that will be presented to cardholders in order to complete payments and how to maximize Risk-Based Authentication (RBA). […]
After its introduction on 14th September 2019, the new PSD2 Strong Customer Authentication requirements (SCA) will be enforced on 1st of January 2021 across all European Economic Area markets. While merchants based in Europe are well aware of the PSD2 requirements and the changes needed for 3DS2, the same might not be for merchants based […]
The Payment Consulting company Payment Universe is launching PSD2-SCA 3DS2 solution packages to help online merchants become PSD2 SCA compliant and achieve better payment performances. PSD2-SCA and 3DS2 have been talked about for a while but still many companies are not ready and do not know how to implement the necessary changes to comply with […]
Payment universe is glad to announce the official launch of its website. We are a team of payment experts with a combined experience of more than 30 years working with Merchants, issuers, acquirers and payment schemes. We leverage our payment expertise and market knowledge to provide consulting services, insights & advices in various payment […]