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EU online card payments won't get further delay to security rules, official says

By Jack Schickler ( June 25, 2020, 16:06 GMT | Insight) -- Card companies and e-commerce merchants won’t get any extra delays over implementing new EU online payment-security rules, a European Commission official has confirmed. A payments strategy due later this year won’t include further concessions over new secure customer-authentication rules for online transactions, in spite of industry protests that an already punishing timetable had been pushed to the limit by the Covid-19 crisis. Card companies and e-commerce merchants won’t get any extra delays over implementing new EU online payment-security rules, a European Commission official has confirmed. ...

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