3 ms·
It's 3ds, I don't know if it's because of some regulation but with my current (european) bank it's always compulsory. And a credit card I've got recently also
by g-b-r 3y ago
It's 3ds, I don't know if it's because of some regulation but with my current (european) bank it's always compulsory.
And a credit card I've got recently also asks for a second code, after the 3ds code.
- g-b-r 3y agoBy the way, the last time I checked using 3ds means that it's "impossible that the transaction was fraudulent" and thus you can't cancel it
- tuyiown 3y agoYep, that's why it caught on by shop despite being a friction.
- kube-system 3y agoYikes, what happens if you've had your devices/credentials stolen? Are you held liable for the transaction without recourse?
- groestl 3y agoWhat actually happens is with 3DS: a merchant gets liability shift. Liability resides with the issuer then. Whether you as a customer can be held liable for damages depends on your jurisdiction and when you report your devices / credentials stolen.
- hakfoo 3y agoI've heard it presented more as that the merchant isn't on the hook for a chargeback because they did the "best practice" in terms of preventing it.
- tuyiown 3y ago> it's always compulsory No, it's the shop that decides actually. More and more accepts do direct payments from card numbers without additional checks, by the way.
- PurpleRamen 3y agoThe regulation for this is PSD2. https://en.wikipedia.org/wiki/Payment_Services_Directive https://en.wikipedia.org/wiki/Payment_Services_Directive