‘Heightened payment security could hamper usability, says Visa’

Roi Perez discusses the implications of plans to heighten payment security from  The Europeans Commission’s European Banking Authority. 

The European Commission’s forthcoming Payment Services Directive 2 (PSD2) has released proposals to make consumers go through extra security checks for many online payments. The plans would force consumers to enter passwords or codes for online transactions above €10 (£8.50), under new anti-fraud plans from the European Banking Authority (EBA).

Semafone’s Consumer Fraud Research in SC Magazine

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