Tel: 01736 795753
This email address is being protected from spambots. You need JavaScript enabled to view it.

Card security update

Source: Other | | 19/07/2021

VISA have issued information regarding changes to card processing security from September 2021. The idea is to reduce online fraud.

The changes will apply across Europe. A key part of the new security arrangements is the requirement for Strong Customer Authentication (SCA). This means you may be asked to provide additional information when making some purchases.

In their update VISA said:

Banks are introducing these new security measures for Visa cardholders who shop online or make contactless payments. This will help them ensure only you can use your Visa and give you even more confidence and protection when paying with Visa.

  • Online: You may have to enter a passcode, which would be sent to your mobile phone or landline or authenticate your payment in another way, depending on how your Visa Card issuing bank has implemented the new security measures.
  • In-store: For contactless purchases, you may be asked to enter your PIN more often.

You may be asked to take an additional security step to confirm you are you when making a payment using your banks’ chosen authentication method. Your bank will have informed you by now on how to do this. If they have not, please contact your bank.

Hopefully, this will give us even more confidence and protection when paying with a credit card, as all card issuers will need to mirror Visa’s changes to maintain a level, secure playing field.



Search Archive


Latest News

Tax Diary August/September 2021
29/07/2021 - More...
1 August 2021 - Due date for Corporation Tax due for the year ended 31 October 2020. 19 August 2021

Reforming statutory sick pay
29/07/2021 - More...
Following its summer 2019 consultation entitled “Health is everyone’s business: proposals for

SEISS – more red tape
29/07/2021 - More...
Government support to the self-employed through the Self-Employment Income Support Scheme (SEISS) is

Search

Our Address

Greenwood Wilson
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU

Contact Us

tel: 01736 795753
fax: 01736 798642
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Mobile Apps

To download our APP search for Informanagement and enter the code Greenwood.

 

Newsletter

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

» Sign up for the Newsletter
» Login