How to prepare for PSD2
Okay, we understand that this might seem scary. But there are actions we can take now to prepare for this change.
Optimize user experience
Since strong authentication will complicate the payment process, it is essential india number screening to optimize the user experience elsewhere.
Communicate clearly and effectively with your customers about upcoming changes. If you explain the situation and why these changes are necessary, they will be more likely to be understanding.
Alternatives to PSD2
Ways to limit the impact
There are ways to work with PSD2 or even bypass strong authentication in some cases.
Exemptions from Strong Authentication
There are several types of possible exemptions to strong authentication. By reviewing these exemptions, you may be able to find a workable solution for your business.
Conclusion
PSD2 may seem like a significant concern for online retailers, but by understanding what this directive entails and preparing accordingly, you can minimize the impact on your business. Ultimately, it’s essential to prioritize customer safety and demonstrate your understanding of this new regulatory reality.
Communicate with your customers
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