Strong Customer Authentication

A simple solution for PSD2 compliance

We provide a simple, yet patented, solution to SCA helping you reduce the risk of identity and payment fraud and stay compliant with the PSD2.

As of September 2019, a new regulation for authentication has been introduced under the new Payment Services Directive (PSD2) that applies to online payments within the European Economic Area (EEA)..

Known as Strong Customer Authentication (SCA), merchants are required to use two independent authentication elements to verify the payments they receive.

PSD2

Strong Customer Authentication

A simple solution for PSD2 compliance

We provide a simple, yet patented, solution to SCA helping you reduce the risk of identity and payment fraud and stay compliant with the PSD2.

As of September 2019, a new regulation for authentication has been introduced under the new Payment Services Directive (PSD2) that applies to online payments within the European Economic Area (EEA)..

Known as Strong Customer Authentication (SCA), merchants are required to use two independent authentication elements to verify the payments they receive.

We provide a simple, yet patented, solution to SCA by implementing a 2FA process upon card verification.

How it works

Step 1
€100 €100

Customer makes a payment using their card and the payment is processed through ISXPay

Step 2
€64.12 €35.88 Merchant A Merchant A

Customer accesses their online banking and retrieves the dynamic ‘secret’ created from our PIV method

Step 3

3D Secure is triggered and customer needs to retrieve OTP sent to their mobile number

Step 4

Strong Customer Authentication completed

ISX Financial also supports 3D-Secure, reinforced by our own MPI (Merchant Plug-in).

MPI is a module designed to facilitate 3D Secure verifications, and which can support every scheme available and applicable for 3DS (MasterCard, JCB, AMEX, Diners Club).

We additionally offer Dynamic Routing to make sure that if 3DS fails, our other SCA solutions will be triggered.

3DS might fail when a card is not enrolled for it, either because the particular issuing bank is not supporting it, or if the card is coming outside the EU where 3DS adoption is low.

2.Payments Platform-10.new isx website-01
The benefits of our SCA solutions
  • Real-time
  • Effective especially on cross-border payments
  • Compliant with the European Banking Authorities PSD2 Regulatory Technical Standards
  • High conversion rates and increased sales
  • Intuitive, uninterrupted user journey
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© 2024 ISX Financial EU Plc. All rights reserved.

Group operating subsidiaries include ISX Financial UK Ltd, ISX Financial EU PLC (CY), Probanx Solutions Ltd (CY) & UAB Probanx Solutions (LT), UAB Authenticator (LT), ISX Technologies Inc (USA). ISX Financial UK Ltd, trading as Flykk, ISX Money and ISXPay, is a FCA UK Authorised eMoney Institution FRN 901034. ISX Financial EU PLC, trading as Flykk, ISX Money and ISXPay, is authorised by the Central Bank of Cyprus # 115.1.3.17 as an E.E.A Authorised eMoney Institution and UK FCA FRN 900871 . 

℗ Patent applications pending/granted in Africa, Australia, Asia, The Americas, Europe and Oceania. ISX Financial®, ISXPay®, Probanx®, Flykk® & Paydentity™ are registered trademarks of ISX IP Ltd.