PSD2 Glossary
Term |
Description |
3DS |
3 Domain Secure (generally just called 3D Secure) |
3DS challenge |
The issuing bank has determined the customer must be redirected for further authentication |
Directory Service |
Payment Network supported service for BIN lookup of 3DS support at each issuing bank |
EEA |
European Economic Area (basically, Euro countries. Does not include UK.) |
EMVco |
A joint venture overseen by the six major card associations: American Express, Discover, JCB, Mastercard, UnionPay and Visa |
Exemptions |
Qualifications or data that the merchant can share with the issuer in hopes of avoiding a 3DS challenge for that transaction |
PSD2 |
Payment Services Directive 2nd generation (A mandate from the Payment Card Industry) |
SCA |
Strong Card Authentication |