EBA sets new Strong Customer Authentication deadline

The European Banking Authority (EBA) has issued a new Opinion that provides the European payments industry with an EU-wide additional 15 months to comply with strong customer authentication (SCA) requirements for online ecommerce transactions. The Opinion sets a deadline of 31 December 2020 for full compliance, recommends that national competent authorities take a consistent approach…

Samsung begins global rollout of mobile POS app that lets merchants accept payments on standard Android phones

Samsung’s NFC phone-based contactless payments acceptance service is now live in Canada and is to be introduced globally “starting in 2020”, the company has announced. The rollout of the new mPOS service follows the successful completion of a pilot in Canada that saw more than 10,000 merchants downloading a Samsung POS app that let them…