EMV 3DS 2.3 introduces enhancements to increase flexibility for optimising EMV 3DS implementation across multiple channels and devices, help issuers identify fraudulent transactions more quickly and accurately, and streamline the authentication process for consumers to improve the overall payment experience.
Key updates include:
- New Split-SDK model with multiple variants makes it easier to implement EMV 3DS across both traditional and non-traditional e-commerce payment channels and devices, such as smart speakers and other IoT devices.
- EMVCo has collaborated with the World Wide Web Consortium (W3C) and the FIDO Alliance to include support for WebAuthn (Web Authentication) and SPC (Secure Payment Confirmation) that issuers and merchants can use within the EMV 3DS flow to better determine the legitimacy of a transaction in order to reduce the risk of fraud.
- Support for device binding, which enables the consumer to be remembered on their device and can reduce the need for an authentication challenge.
- Automated out-of-band (OOB) transitions, which help the consumer to switch seamlessly between a merchant application and an authentication application.
- Additional recurring transaction data and EMV Payment Token data, which help issuers to better identify the transaction and can simplify the authentication experience for future purchases.