EML News: EML Open Banking Uncovers A 37% Increase In Payment Declines Following SCA Implementation - 4th Jul 2022, 6:10pm

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99% of merchants have seen an increase of at least 5% in payment declines (with an average 37% decline) following the introduction of Strong Customer Authentication; a third (35%) saw payments fraud jump since the start of the pandemic.

LONDON, July 04, 2022--(BUSINESS WIRE)--Nuapay (EML Payments Limited’s (ASX: EML) Open Banking business), has revealed that U.K. businesses have seen payment decline rates increase by an average of 37% following the enforcement of Strong Customer Authentica...

>>> Read more: EML Open Banking Uncovers A 37% Increase In Payment Declines Following SCA Implementation
 
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