Voma is SCA-ready. The European Union's Revised Payment Services Directive (PSD2) introduced this security protocol in 2019.
SCA mandates an additional layer of authentication for electronic payments to enhance security and reduce fraud. This multi-factor authentication helps ensure that only authorized users can access their accounts and make transactions, thereby increasing confidence in online payments.
More about SCA
On 14 September 2019, new requirements for authenticating online payments were introduced in Europe as part of the second Payment Services Directive (PSD2)).
These requirements are known as Strong Customer Authentication (SCA) and they impact “customer-initiated” online payments within Europe.
Please visit our SCA page for more details on how Voma can help you be SCA-compliant in your business.
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