EMV 3DS 2.1 Support Ends in September
On September 24, 2024, all card brands and retailers will officially end support for EMV 3DS 2.1. After this date, any transactions authenticated using EMV 3DS 2.1 will no longer be processed. This industry-wide update is designed to strengthen security and improve the transaction experience for everyone involved.
What is EMV 3DS 2.1?
EMV 3DS 2.1 is the authentication protocol that helps verify cardholder identities during any online transaction. It was designed to provide a more seamless and secure checkout experience than its predecessor, 3DS 1.0, by incorporating more data points and allowing for smoother authentication processes, especially on mobile devices. However, as digital threats evolve and consumer expectations increase, so are the tools we use to safeguard transactions.
The upcoming update introduces EMV 3DS 2.3.1, which builds on the capabilities of 2.1 by adding enhanced security features and improved functionality. This latest version supports more complex authentication methods, including biometric verification and better integration with mobile apps. It also aims to further reduce friction during the checkout process, helping to lower cart abandonment rates while maintaining strong security standards.
How to Progress Through the Change
Prevent Transaction Declines: By updating your systems now, you’ll avoid any potential transaction failures after the cut-off date, ensuring your customers enjoy a seamless shopping experience.
Avoid Penalties: Staying compliant with the new protocols not only helps you sidestep fines but also strengthens your reputation as a secure and reliable business in the e-commerce space.
Stay Compliant with Confidence
At BMS, we know that staying compliant with evolving industry standards is crucial for your business’s success. We’re here to make sure you can navigate these changes with ease and confidence. By partnering with us, you can ensure a smooth transition and continue providing a quality customer experience.
How BMS Can Support You:
The upcoming changes to EMV 3DS protocols are an opportunity to enhance your business’s security and efficiency. By partnering with BMS, you can confidently navigate these updates, ensuring your systems are compliant and ready to handle the new requirements. Don’t wait until the September 24, 2024, deadline – reach out to us today for help transitioning and take your business to the next level!
