3D Secure plays a vital role in enabling in-car payment systems that integrate technology within vehicles to enable seamless transactions for services such as fuel, tolls, and parking without leaving the car. These systems use secure communication protocols to interact with payment terminals and user accounts, ensuring quick and safe payments.
GPayment's solutions focus on enhancing these capabilities by providing strong and reliable security frameworks and user-friendly interfaces. They leverage technologies such as tokenisation and multifactor authentication to safeguard transactions, ensuring drivers can make payments conveniently and securely.
This paper identifies the top trending authentication methods predicted to affect the payment industry's dynamic of combating fraud during card-not-present transactions.
The new EMV® 3D Secure protocol, or 3D Secure 2 (3DS2), released by EMVCo is designed to address a number of key aspects of the previous protocol and cement the technology’s reputation as one of the most resilient solutions in the fight against card-not-present (CNP) online fraud.
Online payment trends keep evolving as customers continue to favour more user-friendly solutions and solution-makers compete for market share by constantly trying to re-invent the next big thing, to fulfil that need.