Webinar host Paul Harrison, Head of Sales Enablement and Business Development, and guest speaker Maggie Bodak, Director of Business Strategy and Operations – Global Product, chatted about upcoming government and regional mandates, why these dates are important, and most of all, what they mean to you as a merchant or issuer.
Category: Payments Blog
Date: April 2020
Happy New Year! At Cardinal, our 2020 resolution is all about building our existing capabilities and expanding our reach in the latest protocols. At the same time, we will continue to emphasize strong data solutions—that’s an ongoing resolution we’ve kept!
As of March 14, 2020, Visa is mandating issuers in the European Economic Area (EEA) need to be live with EMV® 3DS v2.1.
Across Europe, when a CNP transaction on a Visa card is authenticated using EMV® 3-D Secure, the average approval rate is 92% versus non-3-D Secure at 79%.¹ WOW. Think about what that can mean to your business.
With the newest version, you get additional features, a better customer experience AND you meet the requirements for the government mandates in Europe and other regions.
We gave you some highlights last week on regulated markets and dates coming up that may affect your business. Now we’re breaking it down to make sure you know what’s happening when. The first few have already happened, but we wanted to make sure you got the whole picture and knew about those too!