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ARTICLE · 10 DECEMBER 2019

Strong Customer Authentication - New Deadline For Completing SCA Implementation - 31 December 2020

DLA Piper UK LLP
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17/10/2019: The European Banking Authority (EBA) published an Opinion on the deadline for the migration to strong customer authentication (SCA) under Directive ...

European UnionFinance and Banking
Pierre Berger
Pierre Berger
Isabelle Van Biesen
Isabelle Van Biesen
Stéphanie Liebaert
Stéphanie Liebaert

17/10/2019: The European Banking Authority (EBA) published an Opinion on the deadline for the migration to strong customer authentication (SCA) under Directive 2015/2366/EU of 25 November 2015 on payment services in the internal market (PSD2) for e-commerce card-based payment transactions (EBA-Op-2019-11). The Opinion is a follow-up to the Opinion on the elements of SCA that the EBA published on 21 June 2019 (EBA-Op-2019-06). This last Opinion allowed the national competent authorities (NCAs) to provide limited additional time for issuing and acquiring payment service providers (PSPs) to migrate their merchants to SCA compliant solutions.

The deadline for migration to SCA has now been postponed to 31 December 2020 (instead of 14 September 2019). The EBA also sets out the actions it expects NCAs to take towards PSPs during the migration period. The Opinion is addressed to NCAs but, given the supervisory expectations it is conveying, it should also prove useful for

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