With PSD2 / Strong Customer Authentication (SCA) do I need to Authenticate payment details taken over the phone?
Where can I find PSD2 developer instructions and guidance?
Do SEPA transactions require SCA?
What will happen if a transaction is declined for SCA?
Will I need to do development work on my Hosted Payment Pages in support of PSD2?
I have more specific questions about PSD2, SCA, or 3DS. Who should I ask?
How much transaction latency should I expect as a result of 3DS?
What reduction in fraud can be expected?
How will 3DS affect authorization rates?
How will 3DS impact my checkout conversion?

What reduction in fraud can be expected?

April 30, 2019 20:58
Updated

Businesses that have previously not implemented 3DS see, on the whole globally, about 0.29% in fraud rates, inclusive of both authenticated and unauthenticated fraud. 3DS1 reduced that to 0.12%. Issuers are hoping to see 3DS2 further reduce fraud rates to 0.05%. (Statistics provided by WorldPay)

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