The Payments Association of South Africa (PASA) has mandated that all South African ecommerce merchants must ensure the implementation of 3D Secure on their sites. The deadline for compliance was 28 February 2014 and PASA says they are “committed to ensure a robust and consistent implementation.” According to PASA the compliance penalty approach was recently
Due to the increase in Card not Present (CNP) fraud in South Africa, the Payment Association of South Africa (PASA) has made a decision to mandate the implementation of 3D Secure for all e-commerce merchants. The deadline for this implementation has been set at 28 February 2014. 3D Secure is the collective term used for
TSYS have announced the release of a white paper titled “EMV is Not Enough: Considerations for Implementing 3D Secure.” The paper considers the impending U.S. migration to Europay, MasterCard, and Visa (EMV) chip to combat fraud, but concludes that there are additional steps issuers must consider to mitigate fraud risk. This report concludes that there
There has been some talk in the merchant community around the Payment Association of South Africa (PASA) mandating 3D Secure for all ecommerce merchants. PASA had sent a letter to acquirers on the 26th March 2013 requesting an implementation date of 02 April 2013 for acquirers to ensure all merchants are aware of this mandate
SecureBuy has announced a critical upgrade to their complete end to end eCommerce and Mobile payment fraud solution that allows merchants to process orders from blacklists with all reward and no risk. Blacklisting is a very common practice in eCommerce where a merchant compiles a list of untrusted customers by name, zip code, IP address,
A major storm looks set to rock the South African online scene as some of the country’s largest e-commerce players square up against its biggest banking powers over online fraud detection. The heads of companies including Groupon South Africa, Takealot and uAfrica have formed an alliance expressing opposition to a new regulation which forces them
