International card networks are mandating issuers worldwide deploy Secure Remote Commerce (SRC) and EMV 3-D Secure (3DS) to increase the security of e-commerce. Issuers must decide if they will update their authentication method to better support cardholders and merchants or continue to utilize a less secure challenge—the password—that is known to drive high cart abandonment. Now is the time to
plan a transition away from passwords.
By Tim Sloane, VP, Payments Innovation, and Director, Emerging Technologies Advisory Service
The Payments Association
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