EBU Single Rulebook Q&A 16 November 2020 2020_5622 Application of SCA to issuing a payment instrument and tokenisation

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European Union · · · 31-01-2023

Is strong customer authentication (SCA) required when a Payment Service Provider (PSP) issues a payment instrument or creates a token? Payment tokenisation enhances the underlying security of digital payments by potentially limiting the risk typically associated with compromised, unauthorised or fraudulent use of primary account numbers (PANs) or IBANs.

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