Strong Customer Authentication: Difference between revisions

Jump to navigation Jump to search
Eleni (talk | contribs)
Created page with "Category:Payments <div class="heading"> Strong Customer Authentication (SCA) </div> __TOC__ = What is SCA? = SCA (strong customer authentication) is a new European requ..."
 
Lesley (talk | contribs)
Line 5: Line 5:
__TOC__
__TOC__
= What is SCA? =
= What is SCA? =
SCA (strong customer authentication) is a new European requirement created to make online payments more secure.  SCA is based on the use of two or more of the following elements - categorized as knowledge, ownership and inherence:
SCA (strong customer authentication) is a new European requirement created to make online payments more secure.  SCA is based on the use of two or more of the following elements - categorized as knowledge, ownership and inherent:
   
   
- Something only the user knows (e.g. password, code, personal identification number).  
- Something only the user knows (e.g. password, code, personal identification number).  


- Something that only the user owns (e.g., token, smart card, cell phone).  
- Something that only the user owns (e.g. token, smart card, cell phone).  


- Something that the user is (e.g., biometric, such as a fingerprint).
- Something that the user is (e.g. biometric, such as a fingerprint).


This regulation applies to all EU-based companies that charge credit cards issued in the EU.  
This regulation applies to all EU-based companies that charge credit cards issued in the EU.