The existing 3-D Secure specifications were issued more than 15 years ago and, since then, there has been a great deal of change in the digital payments world. The explosion of mobile commerce and the inevitable innovations that are on the horizon necessitated the need for new 3-D Secure protocols.
3DS 2.0 is coming, and it's going to make life easier for merchants, consumers and issuers.
Where 1.0 failed, 2.0 will succeed in creating frictionless and secure consumer experiences.
To prepare for this shift, everyone in the digital payments industry will work together to, ultimately, create a world where all transactions are safe and seamless.
With these new protocols in place, everyone will be happier with their digital experiences.
If, in the future, there are any big developments in the digital payments industry, these protocols will be able to adjust, and adapt to support those changes.
2.0 utilizes new and improved data fields to optimize the consumer experience and to keep consumers safe, something that Cardinal Consumer Authentication (CCA), our authentication solution has been doing for some time now.
Over time, we've prepared for this shift and, now that it's here, we're ready.