What do I need to know about Strong Customer Authentication (SCA) ?
A key element of PSD2 is the introduction of an additional step in security for online servicing and transactions, otherwise known as Strong Customer Authentication (SCA). Simply put, with SCA, online servicing and transactions will no longer be made just using your card details – these will need another step of validation to prove it really is you. This is commonly known as two-factor authentication and you will need to select two out of the following three categories:
For example, you can pay and authenticate using your card details, a password (something you know) and a one-time passcode (something you have) sent to your mobile or generated through a PIN Sentry card reader.