AsiaPay has completed certification for its EMV 3-D Secure (3DS) version 2.2 and announced its launch of Xecure 3DS 2.0s solution.
As per Finance Yahoo, 3DS 2.0 cardholder authentication solution to banks and merchants in Asia aims to facilitate payment authentication effectiveness, maximise sales conversion while minimising payment friction and sales dropout.
Xecure 3DS 2.0 solution is available to merchants, PSPs, issuing, and acquiring banks who wish to augment their solution with mobile and data features, and comprises:
It also comes with a comprehensive range of controls and online reporting for issuing banks to manage the cardholder 3-D Secure registration, cardholder 3-D Secure status maintenance, and 3-D Secure authentication processing. Merchants are helped to mitigate fraud liability shift, lower interchange rates, increase approval rates and sales, and reduced false declines.
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