We would like to inform you that Cardinity is currently working on the API update and the implementation of the new 3D Secure 2.0. According to the European Council requirements for Strong Customer Authentication (SCA), some necessary changes are imposed on the payment industry. All payment processors must comply with the new EU regulations and ...
Fraud and chargebacks are often directly related, as chargebacks may be caused by fraudulent activity. However, they do not necessarily come together. This blog post will help you understand the difference between fraud notifications and chargeback notifications and know when you may receive one or the other. What is fraud? In the financial industry, fraud ...
As the number of online shops and online sales volumes have grown exponentially since the beginning of the COVID-19 pandemic, fraudsters have also become more active. There has been a significant increase in friendly e-commerce fraud, phishing activities and identity theft. Therefore, merchants should be very cautious and monitor orders carefully. Just by tracking customers’ ...
You have checked your transactions list and noticed that a big number of declined transactions are marked as Do Not Honour. What does it mean? It means that the cardholder’s issuing bank declined the payment for an unspecified reason. Such an explanation may still be vague and raise further questions. In this blog post, we ...
More than 15 years ago 3D Secure was first deployed by Visa with the aim to prevent unauthorized transactions. Now we look forward to its improved version – 3D Secure 2.0 or also called EMV 3-D Secure. EMVCo, an organization formed by American Express, Discover, JCB, Mastercard, UnionPay, and Visa, developed the 3D Secure 2.0 ...
As an online merchant, you are supposed to ensure your customers’ data protection when they are making payments in your online shop. As more buyers tend to purchase goods and services on the internet, more possibilities of cyber crime appear. Your responsibility is to take all the necessary measures to protect your online shop, prevent ...
Would you buy anything on a website which Google flags as Not Secure? Probably not, as you do not want your most sensitive data to be leaked by cybercriminals or any third parties. Google tries to protect you and asks you to leave such websites. Thus, if you are a seller and do not want ...
Millions of people worldwide prefer buying goods and services without stepping out of their homes. The number of e-сommerce websites is constantly increasing as well as the need for secure online card payments. E-shops are not difficult to set up, but every seller has to deal with the challenge of ensuring data protection and winning ...