3D Secure payments: new trends on the horizon
3D Secure 1.0 brought additional security, but it came at the cost of a bad user experience: $1.2 billion in declined card-not-present transactions every year and 62% of cardholders who abandoned a card or experienced a decrease in their willingness to pay after a failed transaction. 3D Secure 2.0 came to solve these problems. This robust authentication protocol is an updated version that is built around mobile devices and modern trends. Does it hold to this promise?