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From Monday, two-factor authentication will be mandatory when shopping online

On March 15, 2021, the mandatory two-factor authentication (2FA), the last component of the EU Payment Services Directive PSD2, will come into force for the time being. What sounds like bulky and boring banking policy has an impact in everyday life: This means that online credit card payments can now only be made with stronger authentication. For example with an SMS or push TAN. This should make paying on the Internet more secure.

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