PSD2 – Does it really have an impact on conversion?

Strong Customer Authentication (SCA), which PSD2 requires for card payments in e-commerce, is now mandatory. The last transition periods for implementation have expired in many European countries. This is a good time for an assessment.

Netcetera made evaluations based on the transaction data of their 3-D Secure Issuer Services. The first striking fact: The approval rate dropped. For transactions not covered by PSD2 it is 89 percent. For card transactions processed according to PSD2 rules it is 85.5 percent.

More facts and figures are available in Netcetera’s report. Read it here.