Why does my credit card payment fail?
The credit card companies tightened security measures for payments(3d Secure v2), recognisable by the following logos:
We would like to ask all our customers to switch to 3D Secure v2 now in order to avoid a decline in transactions from 01.01.2021!
You should have received an information of your credit card provider and made aware of the need to implement these new security standards.
The EU Payment Services Directive (PSD2), which has been in force since September 2019, requires strong customer authentication (SCA) for every credit card transaction from January. 3D Secure 2 is the credit card system's answer to these SCA requirements.
You credit card / provider should support this new standard - perhaps must be activated.
Please contact your credit card company.
This is not only an issue with Thinstuff payments !Tags: 3D Secure, credit card, payment, SCA