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Comment by m12k | Hacker News Reader

I think the solution is their requirement of 2FA for credit card payments[1]. Basically instead of this massive, expensive system to deal with fraud when it happens, and everyone paying banks to sometimes eat the cost of that, make it not happen in the first place. Not sure how successful it is, but it seems like the right idea.

[1] https://en.wikipedia.org/wiki/Strong_customer_authentication

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For people like me "make it not happen in the first place" means online payments using credit card are no longer happening.

Credit card payments in Europe now have to have 2-factor authentication.

This makes fraud much harder, while still allowing online payments with credit cards.

It is probably also helping smaller shops, as even Amazon customers now need to do something when they buy there.

> Credit card payments in Europe now have to have 2-factor authentication.

> This makes fraud much harder, while still allowing online payments with credit cards.

As an European I can confirm,

> It is probably also helping smaller shops, as even Amazon customers now need to do something when they buy there.

Nope, sadly. Amazon apparently can magically skip the 2FA most/all times.

My guess is that amazon has deals with banks to streamline the process, but I don't really know

Could you elaborate? Did SCA somehow drive you to stop accepting credit card payments? Are you using a payment provider that doesn't offer support for 2FA?

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