{"id":38039,"date":"2019-09-09T00:00:00","date_gmt":"2019-09-08T22:00:00","guid":{"rendered":"https:\/\/aebanca.es\/actualidad\/notas-de-prensa\/enhanced-security-for-payments\/"},"modified":"2026-04-08T17:34:58","modified_gmt":"2026-04-08T15:34:58","slug":"enhanced-security-for-payments","status":"publish","type":"notas-de-prensa","link":"https:\/\/aebanca.es\/en\/actualidad\/notas-de-prensa\/enhanced-security-for-payments\/","title":{"rendered":"Enhanced Security for Payments"},"content":{"rendered":"

What is PSD2?<\/strong><\/p>\n

PSD2 is the English acronym commonly used to refer to the second European Payment Services Directive.<\/p>\n

PSD2, applicable since 2018, aims to promote transparency, innovation, and greater security in payment services. In addition to introducing new payment services, it establishes additional security requirements for electronic payment transactions and online account access.<\/p>\n

New Security Measures<\/strong><\/p>\n

On September 14, the applicable technical security standards will come into force \u2013 Commission Delegated Regulation (EU) 2018\/389 (known as RTS on SCA & CSC) \u2013 which establishes the obligations for strong customer authentication.<\/p>\n

From this date, electronic payment operations must be carried out with strong customer authentication unless an exemption can be applied.<\/p>\n

Its implementation will entail some changes in the customer payment experience, not only in online banking and mobile banking applications but also in card payments, for both e-commerce and in-person transactions.<\/p>\n

What is Strong Customer Authentication?<\/strong><\/p>\n

Strong Customer Authentication (SCA) is a procedure for verifying customer identity in the electronic environment. In accordance with the new regulations, this identification must include two or more authentication factors from the following categories: <\/p>\n