DURHAM, N.C., Dec. 8, 2020 /PRNewswire-PRWeb/ -- Spreedly, the software company that accelerates global commerce by offering a secure and flexible platform that welcomes all payments participants, offers customers the option to use its Payments Orchestration Platform as a single solution for their Strong Customer Authentication (SCA) needs.
Building upon the organization's current depth and breadth of 3DS offerings, Spreedly's 3DS2 solution helps ensure payments teams maintain compliance with rapidly evolving regulatory changes. The deadline for 3DS2 compliance is December 31, 2020. This support for 3DS2 ensures that organizations can keep transacting in markets where it is essential and at the same time benefit from reduced rates of fraud.
"For merchants, platforms and online marketplaces whose businesses rely on many gateway integrations, developing and supporting a different authentication solution for each can be especially challenging. Additionally, for organizations who employ revenue optimization techniques such as Smart Routing, 3DS challenges from multiple providers can create a poor customer experience if ineffectively managed," explained Lee Jacobs, director of product management with Spreedly. "Spreedly's 3DS2 platform reduces the complexity of implementing 3DS2 across multiple gateways with a single, unified Payments Orchestration layer. That reduces complications for payments teams, cuts maintenance costs, and delivers a superior checkout experience for consumers. The deadline for 3DS2 is now upon us and Spreedly is ready to help."
Spreedly's 3DS2 solution collects and sends cardholder data to its 3DS server in order to perform Transaction Risk Analysis and increase a cardholder's chances of a frictionless checkout experience. Spreedly's 3DS2 solution also includes the addition of EMVCo-certified iOS and Android SDKs in order to power a lightweight 3DS2 solution in native mobile applications. Authentication results can then be passed to any compatible gateway on the Spreedly platform. The solution also makes it so that merchants only need to register once with Spreedly's 3DS2 solution, rather than registering individually for each gateway's 3DS tool.
Organizations can use Spreedly's 3DS2 solution today. Visit us here to learn more about how Spreedly eases the burdens of regulatory compliance.
About Spreedly
We orchestrate payments for the world's most innovative businesses. Global enterprises and hyper-growth companies grow their digital business faster by relying on our payments platform. Hundreds of customers worldwide secure card data in our PCI-compliant vault and use tokenized card data to enable and optimize nearly $14 billion of annual transaction volumes with any payment service. Spreedly is headquartered in downtown Durham, NC.
Media Contact
Peter Mollins, Spreedly, +1 919 931 9998, [email protected]
SOURCE Spreedly
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