News for hackers. Stuff that matters.

A comment on Payments down 20% in my SaaS after EU introduced PSD2.

Re:Payments down 20% in my SaaS after EU introduced PSD2 by aza05001 on Monday May 10, 2021 @05:01PM (#27110848)
what is PSD2?
[ Parent | on HN ]
Re:Payments down 20% in my SaaS after EU introduced PSD2 by scrollaway on Monday May 10, 2021 @05:03PM (#27110860)
A set of directives by the EU to make online payment transactions more secure and reduce fraud. Some of those directives impact UX, including 3DS requirements, which is a form of 2fa for payments.
[ Parent | on HN ]
Re:Payments down 20% in my SaaS after EU introduced PSD2 by nsxwolf on Monday May 10, 2021 @05:06PM (#27110902)
It is the Revised Payment Services Directive requirements for Strong Customer Authentication. An EU directive that applies to credit cards issued by EU merchant banks for transactions that occur within the European Economic Area.

Basically a popup that will request some extra form of security verification for relevant transactions.

[ Parent | on HN ]
Re:Payments down 20% in my SaaS after EU introduced PSD2 by red_trumpet on Monday May 10, 2021 @05:05PM (#27110888)
https://en.wikipedia.org/wiki/Payment_Services_Directive?wpr...
[ Parent | on HN ]