SE4 EP29: EU Online Retailers, Prepare Your Checkout for Two-factor Authentication

Today’s episode is a must-listen for EU eCommerce businesses. I speak with Mastercard's Executive Vice President of Services in Europe, Milan Gauder, about Strong customer authentication (SCA) for electronic payments which will be coming into effect in September 2019. SCA is an anti-fraud measure that will affect all orders over £30 by layering in a mandatory "two-factor authentication", which will require financial institution confirmation with a password or mobile phone fingerprint authenticatio