In our EWPN Germany webinar, we discussed how delegated authentication for merchants can improve the checkout experience.
Strong Customer Authentication (SCA) under PSD2 requires two-factor authentication of a cardholder. Although this will increase security for customers transacting online, merchants worry about the effect it might have on the user experience – and on cart abandonment rates.
Fortunately, there is a solution: Delegated Authentication. Under PSD2, issuers are allowed to delegate SCA to a merchant or wallet. This enables the merchant to offer a frictionless user experience that reduces the risk of sacrificing a conversion, all while leveraging SCA.
In this webinar, we will unpack the concept of delegated authentication as well as related rules and regulations. We will also cover FIDO (Fast Identity Online) authentication methods and discuss their relevance to the topic.
Our presentation is relevant to both issuers and merchants, and we aim to provide insights for anyone interested in the possibilities opened up by delegated authentication.
Watch the full webinar below, and download the presentation slides here.
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