DigiGamma

2020 was quite a year... One that will never be forgotten...
We at Digigamma wish you all to enjoy this Joyful season.
May you celebrate with all the ones you love safely. We are looking forward to conducting business with you in 2021

COUNTING DOWN TOWARDS FULL PSD2 IMPLEMENTATION IN THE EU
Netherlands, Nov 2020 – The world of online payments in the European Union is about to undergo a major change, bringing new functions and safer services.

PSD2 (European Payment Services Directive) and the SCA (Strong Customer Authentication) will comes into force across the EU on 1 January 2021, and in the UK on 14 September 2021.

These dates are already later than originally planned, and the European Banking Authority (EBA) has indicated there won’t be any further extensions.
We recommend that all constituents of the ecommerce payments ecosystem should work to these deadlines.

PSD2 is designed to protect customers, merchants, and issuers by helping to prevent fraud on electronic payments. When SCA becomes effective, some payment transactions (when both issuer and acquirer are in the European Economic Area) will need two-factor authentication. If a transaction can’t be authenticated, the issuer may decline it.

It can be hard for merchants to navigate through the issuer landscape and ascertain the state of readiness. Merchants who’re struggling to navigate the issuer landscape can reach out to their payment platforms and acquirers to find out about an issuer’s state of readiness and the options available.

We at Digigamma will be fully ready and committed to deliver the best services and solutions to all our Merchants. Ensuring their business, a smooth and reliable transition towards this new era of secure payment in the EU zone, the PSD2

Visa Updated Policy for Free Trials and Subscriptions



Visa has enhanced policies for sellers who offer free trials or other introductory promotions as part of their subscription service for physical or digital goods, in which pricing changes from the initial trial period to the first bill may occur.

Visa’s changes are designed to enhance the customer experience by providing transparent agreement information. Given the increase in online and subscription payments with customers largely conducting purchases at home – there is a greater need for increased transparency for subscription transactions with a free trial offer.

Subscription sellers that utilize free trial promotional offers must document and provide their customer information on the initial engagement of service, as well as all subsequent transactions in a detailed transaction receipt.

Digigamma is there to help YOUR business going to the next level, staying ahead of the curve, while offering your online consumer a flawless experience while using your portal.

From All of us at Digigamma...

PSD2 PUSHED BACK:
The UK’s Financial Conduct Authority (FCA) has confirmed an 18-month delay to the introduction of Secure Customer Authentication (SCA) rules – one of the most important legislations affecting the financial and retail sectors – in a bid to give firms more time to prepare.

Welcome to our New Netherlands Office....
Come visit us and see what we can do for YOUR Business...

PSD2 Are YOU Ready???

The essentials of PSD2, and the proposed regulatory standards.

The Revised Payment Services Directive (PSD2) is a European directive that will change banking and payments as we know it. PSD2 is something that all businesses dealing with payments in Europe need to be aware of.

In November 2017 the European Banking Authority and the European Commission published the final draft of the RTS. With all the information available, it looks like the RTS will be officially published by late February 2018. And will come into effect August/September 2019.

Affiliate Summit Europe Time!
Who is in?

DigiGamma will Attend the Affiliate Summit Europe in Amsterdam Be There!

Change is on the horizon – 2019 with Updates to Visa Fraud and Chargeback Programs...
DIGIGAMMA is YOUR Expert, leading YOUR Business to the upfront of your e-Commerce needs and changes!

2018 was the “Year of Change,” with more payment brand updates than we’ve seen in quite some time. From Visa Claims Resolution (VCR) and Visa Merchant Purchase Inquiry (VMPI), to 3DSecure 2.0 and MasterCard Dispute Resolution Initiative, the focus to reduce fraudulent and disputed transactions continues to evolve at a rapid pace.

As the most recent of these changes, Visa announced it will tighten qualifying thresholds for its Risk Monitoring Programs for merchants, effective October 1, 2019.

Mastercard will stop free trials of physical products from automatically billing you for refills...

Free trial offers can be a legitimate and useful way to increase sales and improve consumer satisfaction. The new rules will help in increase transparency and ensure an outstanding experience for cardholders. In addition to these changes, Mastercard cardholders are also covered by their Zero Liability policy which protects them against unauthorized purchases or charges. If a cardholder suspects that a transaction is fraudulent or unusual, they encourage them to contact the bank that issues their card for assistance and more information