The European Payment Directive PSD2 with strong customer authentication has been in force since 14 September 2019. PSD2 requires that the cardholder approves all e-commerce transactions with two factors. From now on, merchants connected to Datatrans can also execute PSD2 and EMV 3DS (3-D Secure 2.0) compliant payments with Cornèrcard cards.
Cardholders benefit from risk-based authentication, additional security and ease of use when making mobile payments with credit, prepaid and debit cards. The first real 3-D Secure 2.0 transactions were processed via Sweepay AG's online shop. These are based on 3-D Secure 2.0 certified products developed by Netcetera and implemented by Datatrans.
Peter Frick, Managing Director Payment Security at Netcetera, says: "Our software enables these successful transactions. The increasing demand in the DACH region shows that the market has been waiting for this solution. 3-D Secure 2.0 is a milestone for digital payment and now a reality in Switzerland thanks to this implementation".
"We are proud to be among the first payment service providers in the world to be certified by Visa, Mastercard and American Express 3-D Secure 2.0 and to have completed successful transactions. With the new solution, consumers and e-commerce merchants will benefit from a smooth checkout, improved conversion rates and maximum security," says Oliver Heister, CTO of Datatrans AG.