Dear Subscriber,

Additional time given to the payments market to comply with Europe’s Strong Customer Authentication (SCA) provision could cause fragmentation as the industry grapples with implementing the regulation.

“What you end up with if you are not careful is the website that doesn’t conform to the regulations gets more business and more volumes than the ones that do,” says Tony Craddock, director general of the Emerging Payments Association. “If you follow that logical thinking through, that suggests that those organisations that conform to the SCA requirements could be punished for doing so.”

Read the full story here.

Rebekah Tunstead

PaymentEye