| Link(s): | Deadline extension for Strong Customer Authentication Strong customer authentication and coronavirus |
Context
The FCA has extended our deadline for implementing Strong Customer Authentication (SCA) for e-commerce transactions to 14 March 2022. This further 6-month extension is to ensure minimal disruption to merchants and consumers, and recognises ongoing challenges facing the industry to be ready by the previous 14 September 2021 deadline. The new 14 March 2022 deadline is the latest we expect full SCA compliance for e-commerce transactions.
Key points to note
- The FCA previously agreed to give firms extra time to implement SCA for card-based e-commerce transactions in response to concerns about industry readiness, and to limit the impact on consumers and merchants.
- The FCA also provided an additional 6-month extension in response to the coronavirus crisis.
- The FCA welcomes the implementation of SCA solutions which protect consumers while minimising the potential for disruption to customers and merchants.
- The FCA still expects firms to continue to take robust action to reduce the risk of fraud.
The FCA provides more information on Strong Customer Authentication on its website.
Next actions
None – for information and awareness for firms who may allow their customers to pay online using payment cards.