<New set of product options, separately licensed>
Way4 now supports the latest authentication protocol for e-commerce transactions: 3-D Secure v2, also known as EMV 3DS. The new protocol fights fraud and makes the liability shift work in your favor. What’s more, 3DS v2 provides a frictionless checkout experience for online buyers. It results in fewer abandoned shopping carts and higher revenues for those who process online payments.
EMVCo has certified both Way4 modules: Way4 3-D Secure ACS for issuers and 3-D Secure MPI/3-D Secure Server for acquirers. The new functionality supports the requirements of modern e-commerce industry:
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New device types, such as smartphones, tablets and smart TV
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More data exchanged in the background for seamless security – 150 data fields vs just 15 in the older version
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New authentication methods, including biometrics
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Modern payment technologies and instruments, e.g. tokenization, wallets, in-app payments
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Risk-based assessment that allows buyers to completely skip the “annoying” authentication challenges in certain cases
If you are using Way4 3-D Secure v1, we offer a licensed upgrade to Way4 3-D Secure v2. After the upgrade both protocols can co-exist in your payment processing until IPS stops processing the old version of protocol.
Way4 3-D Secure v2 also works as a stand-alone solution. It can integrate via APIs into any 3rd party e-commerce infrastructure.