Since the introduction of PSD2, adoption of strong authentication solutions has become widespread among e-merchants to enhance the security of online payments. However, new scam techniques are emerging, how can you increase your vigilance?
Internet fraud, where are we?
Large scale deployment of strong authentication solutions for online payments (receiving a code or password by SMS or validating the transaction through the bank’s mobile app), the note is rather positive: online payment fraud is on the decline in 2021, according to the Payment Security Monitor.
However, cost is not neutral for e-commerce:
In Europe, the cost of fraud would be 3.49 times greater than the amount of each lost transaction (Source: LexisNexis Fraud Multiplier (TM)). and this is It also affects confidence Consumers are responsible for the sites they buy from because for many, the fault is the merchant, not the scammers. The cases are therefore manifold, particularly with regard to bank card fraud: v Verify that it is a person And not the robot, but also Verify that he is indeed the owner of the bank card Not identity theft!
To do a first scan, it’s good practice
Suggested CAPTCHA At the time of the transaction, where the customer is asked to enter a series of numbers and letters or to select a prominent item in the image.