A July 25 webinar from business travel consultancy Advito will explore new payment security rules taking effect in September. The new laws will change payment processes for flights, hotels and amenities for travelers going anywhere in Europe.
Called Strong Customer Authentication (SCA), the rules are part of the broader European Payment Services Directive (PDS2) that requires additional security steps for consumers to identify themselves to their banks before being able to complete payments. SCA begins Sept. 14.
Advito Vice President and Principal Lesley O’Bryan will lead the 60-minute webinar about what SCA means for the corporate travel industry.
O’Bryan will be joined by banking and payment expert Martin Koderisch of Edgar, Dunn & Co., an independent global strategy consulting firm specializing in payments and digital financial services. The discussion answer questions about SCA, including:
• What are the rules?
• When do they effect?
• Are there any exemptions, and how are they applied?
• What’s the impact on players in the payment value chain?
• What’s the impact on corporate travel and other industries?
• What best-practice steps should travel managers be taking to prepare for SCA?
Prep for the webinar by reading How Strong Customer Authentication (SCA) Will Affect Your Travel Program, an Advito blog authored by Koderisch.