What will change with the PSD2?
As part of the PSD2, payment service providers undertake to carry out "strong customer authentication" for Internet payments.
Strong customer authentication" is mainly implemented as "two-factor authentication".
Two-factor authentication for secure online payments
As the name suggests, authentication in two-factor authentication is performed using two factors. For example, one factor can be a PIN and the other a TAN. What actually distinguishes the two factors is the transmission path. Only if PIN and TAN are transmitted on two different channels, a two factor authentication is given.
What do online merchants have to consider?
First and foremost, payment service providers must adapt their procedures to the PSD2. In order for these adapted procedures to also work in online shops, affected payment plug-ins must be updated.
The responsibilities differ depending on the shop system and payment service provider.
Smartstore.NET is PSD2 ready
Users of the online shop system Smartstore.NET can look forward to the upcoming PSD2 with confidence. Smartstore has made all necessary adjustments for you in the affected payment plug-ins in the current version 3.2.2.
Smartstore AG encourages its customers to update Smartstore.NET until the PSD2 comes into force.
Smartstore AG has been developing perfect e-commerce solutions for national and international online retailers since 1999. Smartstore focuses on customer-centric business models, the latest technologies, industry standards and maximum user-friendliness. With the eCommerce solution Smartstore.NET, Smartstore customers can fully exploit the potential of the Microsoft world. The Dortmund based company relies on Open-Source, REST API and Partner First – based on Microsoft and "ASP.NET MVC". Thanks to this modular architecture, it is also the ideal e-commerce platform for .NET professionals. Thanks to the strong synergies in the international network, everyone benefits – including ongoing extensions (plug-ins) for download.
Ready. Sell. Grow.
Further information can be found on the Internet at:
www.smartstore.com
www.linkedin.com/company/smartstore
www.facebook.com/smartstore
www.twitter.com/smartstore
Please contact us if you have any questions:
Aljona Sosun
Tel: +49 231 5335-0
Fax: +49 231 5335-101
Smartstore AG
Kaiserstr. 63-65
44135 Dortmund
www.xing.com/profile/Aljona_Sosun
press@smartstore.com
SmartStore AG
Kaiserstraße 63-65
44135 Dortmund
Telefon: +49 (231) 5335-0
Telefax: +49 (231) 5335-101
https://www.smartstore.com
Press & Marketing
Telefon: +49 (231) 53350
Fax: +49 (231) 5335101
E-Mail: sosun@smartstore.com
