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The National Payment Card System (NPCS) plans to make it paid for banks to provide two-factor customer authentication when paying on the Internet - when it is necessary to confirm the payment with a code from SMS.
The commission for the issuer will be 20 kopecks per transaction in any case, and for the acquirer it will be the same if the website of the store it serves is accessed from an Internet browser, and 10 kopecks through a mobile application, but not more than 2.5 million rubles per month for everyone.
As experts explained to Kommersant, the new 3D Secure 2.0 has two payment confirmation scenarios: with SMS (challenge) and without SMS (frictionless), if the bank recognized the gadget from which the payment request came as the client’s main device. It is planned that these commissions will begin to operate in October 2023.
The NPCS told Kommersant that the advantages of the frictionless scenario are not only that it is cheaper for banks due to the absence of SMS, but also simpler and faster for the cardholder. The scenario increases the level of security of online payments through a comprehensive assessment of the risk level of the operation based on the data transmitted by the merchant.
NPCS has provided several options for supporting the new scenario: all frictionless verification work is performed by the payment system, or the bank can do everything itself. In the latter case, the transition to frictionless may require serious time and financial resources.
A year passed from the appearance of the frictionless scenario to the introduction of commissions stimulating its implementation. However, banks are in no hurry to switch to it, which may be explained by the complexity of setting up risk analysis. Thus, VTB told Kommersant that the bank is interested in using the new scenario, since it allows significant savings on SMS notifications, but they expect to begin transferring clients only in 2024.
Experts note that SMS confirmation has become a clear and familiar scenario for banks and cardholders over many years, which is partly why banks are in no hurry to switch to other security options. At the same time, for banks, SMS costs are constantly growing.
The commission for the issuer will be 20 kopecks per transaction in any case, and for the acquirer it will be the same if the website of the store it serves is accessed from an Internet browser, and 10 kopecks through a mobile application, but not more than 2.5 million rubles per month for everyone.
As experts explained to Kommersant, the new 3D Secure 2.0 has two payment confirmation scenarios: with SMS (challenge) and without SMS (frictionless), if the bank recognized the gadget from which the payment request came as the client’s main device. It is planned that these commissions will begin to operate in October 2023.
The NPCS told Kommersant that the advantages of the frictionless scenario are not only that it is cheaper for banks due to the absence of SMS, but also simpler and faster for the cardholder. The scenario increases the level of security of online payments through a comprehensive assessment of the risk level of the operation based on the data transmitted by the merchant.
NPCS has provided several options for supporting the new scenario: all frictionless verification work is performed by the payment system, or the bank can do everything itself. In the latter case, the transition to frictionless may require serious time and financial resources.
A year passed from the appearance of the frictionless scenario to the introduction of commissions stimulating its implementation. However, banks are in no hurry to switch to it, which may be explained by the complexity of setting up risk analysis. Thus, VTB told Kommersant that the bank is interested in using the new scenario, since it allows significant savings on SMS notifications, but they expect to begin transferring clients only in 2024.
Experts note that SMS confirmation has become a clear and familiar scenario for banks and cardholders over many years, which is partly why banks are in no hurry to switch to other security options. At the same time, for banks, SMS costs are constantly growing.
