No it’s not implementation; it’s the creation of something that was never asked for in the first place. It’s an EU Directive/ European Banking Authority, administered by the European Commission (Directorate General Internal Market) to regulate payment services and payment service providers throughout the European Union (EU) and European Economic Area (EEA). An Interfering nuisance; Visa criticised the proposal of making strong customer authentication mandatory, on the grounds that it could make online payments more difficult, and thus hurt sales at online retailers. In 2020, an independent report conducted by consultancy firm CMSPI found that the potential disruption caused by strong customer authentication could be €108 billion in
... View more