What is SCA?
Strong Customer Authentication, or SCA, is part of the the Revised Payment Services Directive (PSD2). The SCA is a new requirement for authenticating online payments and will be mandatory in Europe from the 14 September 2019. The goal is to reduce the risk of fraud and make transactions more secure. If you want to learn more about SCA, please read this article from our Payment Provider, Stripe:
SCA will ONLY apply to transactions where both the business and the cardholder’s bank are located in the European Economic Area.
BuiltOn's API ensures simple SCA compliance
All online stores based in and selling to consumers within the European Economic Area (EEA) must ensure that they are prepared now for SCA compliance prior to the 14 September 2019 deadline.
View our Docs for a simple step-by-step guide on how to set-up your payments to ensure compliance with the new SCA regulations.
Stop transaction volume from going down
Non-compliance can lead to a reduction in transaction volume due to increasing decline rates and decreasing conversion rates. There is also the risk of possible fines and licence revokements.
Our Docs provide guidelines on how to handle SCA related errors for both In-session order payments and Off-session subscription payments.
Contact us to ensure your applications are compliant and competitive