Fintech Latest News Paytech

Adyen Selected by Uber to Roll Out 3D Secure Globally

Adyen, the payments platform, has announced that it has been selected by Uber to be its initial solutions provider for 3D Secure (3DS).

“Uber is excited to be expanding our payments platform with Adyen. We are focused on maintaining a seamless and rewarding payments experience for our consumers, and we chose Adyen’s 3DS solution based on the innovative product features, the ease of implementation, and the expertise of their team,” said Marco Mahrus, Head of Payments Partnerships, Uber.

“We look forward to expanding our partnership with Uber and becoming their first global partner for 3DS. 3DS authentication has become a top priority for all of our merchants. We have made a significant technology investment in our 3DS solution and merchants like Uber are leveraging our full-service capabilities to be prepared for evolving regulatory demands without sacrificing their customer experiences.” said Sam Halse, COO, Adyen.

3D Secure 2 (3DS 2) is a new technology standard developed by EMVCo that enables strong customer authentication to comply with regulations like PSD2 in Europe. It introduces a new approach to authentication through secure data sharing, biometric identification, and an improved mobile-friendly customer experience. Adyen’s market leading solution supports the widest coverage of card networks for 3DS 2 and legacy versions of 3DS at global scale through a single platform.

Author

  • Editorial Director of the The Fintech Times

Related posts

A Success for RBS: UK’s First Paperless Mortgage Process

Manisha Patel

Is technology the key to accelerating financial inclusion?  

Manisha Patel

Gulf Capital and MEED-GlobalData launch ‘SME Insights’ to help Small and Medium Enterprises grow in a post-COVID-19 world

Richie Santosdiaz