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What Is Strong Customer Authentication (SCA)? In this informative video, we will discuss Strong Customer Authentication (SCA) and its role in online payment security. Strong Customer Authentication is a requirement designed to protect consumers during electronic transactions. We will outline what SCA entails and how it was introduced as part of the European Union's Revised Payment Services Directive to combat fraud in online payments. You'll learn about the three categories of authentication required for secure transactions: knowledge, possession, and inherence. Each category plays a critical role in verifying your identity and ensuring that your online payments are safe. The video will cover real-world scenarios where you might encounter SCA, such as making purchases through apps, and how these measures work to safeguard your financial information. Additionally, we will address the consumer rights implications of Strong Customer Authentication, highlighting how it enhances protection against unauthorized transactions. While SCA may introduce an extra step in your online shopping experience, its importance in reducing the risk of fraud cannot be overstated. Join us for this essential discussion on how Strong Customer Authentication works to keep your information secure in today's digital landscape. Don't forget to subscribe to our channel for more engaging content on consumer rights and laws. ⬇️ Subscribe to our channel for more valuable insights. 🔗Subscribe: https://www.youtube.com/@ConsumerLaws... #StrongCustomerAuthentication #OnlinePayments #PaymentSecurity #ConsumerRights #FraudPrevention #DigitalTransactions #PaymentServicesDirective #TwoFactorAuthentication #IdentityVerification #SecurePayments #EcommerceSecurity #FinancialSafety #ConsumerProtection #OnlineShopping #SCA About Us: Welcome to Consumer Laws For You, your go-to source for understanding and navigating your consumer rights! Our channel covers essential topics like fraud prevention, false advertising laws, Lemon Law protection, and insights into the Fair Credit Reporting Act. We also focus on identity theft protection, product liability, debt collection laws, and the resources provided by the Consumer Financial Protection Bureau to help you manage contract disputes effectively.