Reduce Checkout Friction with TRA and SCA Exemptions

Strong Customer Authentication or SCA has become necessary under the EU's Payment Services Directive 2 (PSD2).

This regulation concerns all online transactions within the European Economic Area. Companies that implement SCA will be compliant with the regulation and avoid potential penalties. This has become an essential process for certain companies that handle online transactions on a daily basis. We invite you to discover how Transaction Risk Analysis (TRA) and Strong Customer Authentication (SCA) exemptions can streamline your checkout process.

TRA is becoming increasingly popular as a method of authentication, to exempt SCA when it’s not necessary. The process denotes analyzing a range of transaction risk factors, including the amount of the transaction, transaction history, GEO location, to detect if another layer of authentication is necessary. You might find the document valuable when formulating your next effective strategy to enhance user experiences and payment security.

Take a closer look at the key takeaways of the PSD2 SCA Compliance white paper:

• The Strong Customer Authentication (SCA) framework: explore the ins and outs of SCA and its role in secure payment transactions. Gain insights into how SCA exemptions can minimize friction for legitimate customers. Learn more about the specific conditions that prompt the implementation of Strong Customer Authentication.
• Enhancing payment security with Transaction Risk Analysis (TRA): the white paper offers more about TRA and the unintended consequences of SCA implementation. Explore the potential side effects and market impact of implementing Strong Customer Authentication. Gain insight into how the SCA requirement contributes to shopping cart abandonment and customer frustration.
• Signal-Driven TRA: Trustfull's Key to Payment Security: Trustfull's cutting-edge products deliver in-depth digital footprint signals, including phone signals, email signals, IP, device, and browser analysis, empowering Payment Gateway Providers to make well-informed decisions and streamline their overall risk management strategies.

Want to know more?

Download the full-version of this white paper and learn how digital footprints can help to prevent online transaction frauds.