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>obviously the correct solution here is to have phone-app confirmation of every purchase even for stored credit cards This is exactly what happens in Europe fo
by ThePowerOfFuet 5y ago
>obviously the correct solution here is to have phone-app confirmation of every purchase even for stored credit cards
This is exactly what happens in Europe for online purchases, with SCA being part of PSD2.
- tomp 5y agoNo it doesn't. Only a few banks have phone-app based pre-transaction 2FA. TransferWise is my favourite, but even they only check for the first transaction, not subsequent ones (e.g. for "recurring" one-off purchases e.g. UberEats).