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Technical Disclosure Commons Defensive Publications Series 15 Jan 2024Secure Payment Authentication That Provides Strong Customer Authentication Annamalai Muthalagappan Bill Corsello Christopher Lin
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Secure payment authentication is a process that verifies the identity of the parties involved in a payment transaction to prevent fraud and ensure security.
Businesses and merchants that process electronic payments are typically required to implement secure payment authentication protocols to protect sensitive payment information.
To fill out secure payment authentication, provide the required details such as payment method, transaction amount, and customer identification, ensuring that all fields are accurately completed according to the guidelines provided by the payment processor.
The purpose of secure payment authentication is to safeguard against unauthorized access and fraudulent transactions, ensuring that only legitimate transactions are processed.
Information that must be reported on secure payment authentication includes transaction id, customer details, payment method used, amount, date of transaction, and any authentication measures employed.
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